Yesterday, for the first time after the parliamentary elections, Nikol Pashinyan initiated a telephone conversation with Vladimir Putin. At the center of the discussion was the agenda of restrictions on Armenian exports to the Russian market.

However, various public and political circles point out that since the Russian side keeps pointing out the issue of Armenia’s European integration, therefore, there is no need to wait for concrete solutions.

How comforting are the estimates of various officials that in the case of total restrictions on the Russian Federation, the damage to the RA economy will be 1-1.5 percent, what will be the consequences of these restrictions in the medium and long term? 168.amhas corrected these questions economist Atom Margaryan։

“Such over-optimistic opinions, macro-economic approximations are not justified. We need to look at the scale and turnover in general – referring to the official assurances about the extent of the damage, Atom Margaryan mentioned and elaborated, – It can be said that only in terms of the agricultural sector, there are total collapses, not only agriculture, but also its processing sectors. You look at the state of the fishing industry, or, let’s say, the production of dairy products. The effects will be catastrophic, especially for those segments.

What is it about? to estimate the direct destruction of hundreds and thousands of jobs with macroeconomic figures, not only does not withstand any expertly based argument, it is also unethical. It is clear that these are propaganda clichés, but, in fact, we are talking about areas that are connected by obligations: credit, salary.

According to the economist, the created situation is still being masked by the development of the mining industry.

“Copper prices are up about 50-60 percent, and that’s why we’re seeing some development in the mining complex, along with volumes, releases, as well as price or earnings growth.

It somewhat covers, disguises the situation, but this cannot continue for long. There are no alternatives for exiting this situation, no matter how many political statements are made, no matter how much it is believed that Europe will open the markets the day after tomorrow,” added the specialist, highlighting the need for political solutions and the reactivation of traditional markets and destinations.

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