Eurasian integration to boost Armenia’s job market – economist
14:04 * 29.11.14
An Armenian economist said Saturday that he expects the country’s
membership in the Eurasian Economic Union to essentially increase the
export volumes and boost the job market.
“We are de facto integrated into the Eurasian Economic Union,” Ashot
Tavadyan, Professor and Doctor in Economics, told reporters at a news
conference, pointing out to the 30% decrease in the natural gas prices
and the $200 million worth loan provided to the country for the
reconstruction of the Nuclear Power Plant.
Asked to comment on the possible losses that the country might suffer
in case of deciding against Eurasian integration, Tavadyan said he
thinks that it would essentially reduce the money transfers from
Russia and lead to a surge in the gas prices. “We would lose 3 billion
Dollars within five years,” he noted.
As for the Russian sanctions, the economist said he thinks that their
influence would be tangible for Armenia regardless of the decision to
join the economic bloc. “By signing the [EU] Association Agreement,
Georgia will have no economic advantages over Armenia,” the economist
added.
Armenian News – Tert.am
From: Emil Lazarian | Ararat NewsPress
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