Turkey might carry out dumping policy and seek to gain monopoly in Armenian market in case of Armenia-Turkey border opening, Chairman of NA Standing Committee on Fiscal, Budgetary and Economic Affairs Gagik Minasyan stated at Nov. 10 press conference.

According to him, Armenia will be forced to adopt an economic policy that deprives the neighbors of such pretensions. “These actions can affect Armenia's economy dramatically, but luckily international organizations enable taking the necessary steps towards the neighbor,” Minasyan outlined.

According to him, research of the Turkish market shows it might have demand in Armenian electricity, cement and agricultural commodities. “Turks' statements that they need nothing from Armenia are policy-induced and have economic basis,” Minasyan noted adding that Turkey will not make such statements once political issues are settled.

In case of border opening Armenia will have an opportunity to diversify export and import, “Presently, Georgia charges Armenia for cargo traffic as much as it will cost from New York to Poti, and with border opening the situation will change in terms of import and export volumes increase,” Minasyan said.

News.am