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Shushan Stepanyan

ARF Assesses Economic Impact of Border Opening

"Turkey's situation and role in the region has never been so important and at the same time so weak," was the sentiment expressed by Ara Nranyan, a member of of the ARF parliamentary faction. Mr. Nranyan stated that that the role of Armenia in the region has also expanded since it is the only nation that can maintain the regional balance. "It is clear that Georgia as well as no other nation can suppress Turkey's expansionist plans. Armenia has been given the serious responsibility by the super powers and the international community to maintain regional peace." Mr. Nranyan noted that Armenia had specific levers that it shouldn't shy away from using. "On the economic side of the equation the ARF is completing its analysis in which the relative advantages of the economies of Turkey and Armenia are looked at in detail, as well as the consequences of the border opening on Armenia. It must be said that we envisage certain problems that nust be tackled by the government. He noted the discrepancies that existed in trade tariffs between Armenia and Turkey according to their membership conditions in the World Trade Organization. The maximum tariffs that can be slapped on all goods entering Armenia is 15%, while 50% of goods entering Turkey have no such restrictions.

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