
How will the opening of the Armenian-Turkish border benefit the Armenian economy? The Armenian Revolutionary Federation has set up a task force to conduct a research on the similarities and differences in the economies of Armenia and Turkey. Chairman of the group David Lokyan today presented the results of the study.
According to Vahan Hovhannisyan, head of the ARF faction at the National Assembly, the study is called to answer what kind of economic, trade and social problems might emerge in case of opening of the Armenian-Turkish land border and to what extent Armenia is ready for it with its economy, the internal resources and the legislative field. At the same time he underlined that there was no political pretext behind the research.
Thus, according to Davvid Lockyan, Armenia will definitely benefit from the opening of the shared border with Turkey. “Naturally, a country with the population of 3 million cannot but benefit from establishing trade-economic relations with a country having a population of 74 million. This is an axiom which we cannot argue with,” Lockyan said in his speech.
Chairman of the National Assembly“s Standing Committee on Economic Issue Vardan Ayvazyan noted that the report reveals all the possible risks that might emerge after the opening of the border.
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