Armenia’s Strategic Challenges to Socio-Economic Development
Armenia gets very little joining the Customs Union while losing sovereignity of economic policy, economist Vahagn Ghazaryan said at the discussion on “Armenia’s Strategic Challenges to Socio-Economic Development” initiated by the “Partnership for Open Society”.

Ghazaryan noted that the EU territory is 5 times smaller than the CU but the part it has in the world economy is 6 times bigger. The speaker stressed that 70 percent of the customs duties at the Customs Union are higher than in Armenia. Increasing the customs duties will make the importation of goods produced not in the CU more complicated.

Economist, expert Anna Makaryan mentioned that during the nine months of the current year the export in Armenia was the same as last year, however, there had been an increase in the textile production. Makaryan found it hard to say if the increase can be kept stable, as the most part of the production is exported to European countries.

Head of the Department of Trade and Markets Regulation Gagik Kocharyan is convinced that Armenia will not use the European market after joining the Customs Union, as mostly mineral production is exported to Europe, and no country will decline it.

Expert, economist Artak Manukyan claimed that the EU experts had substantially contributed to the process of reforming Armenian state procurement system and member countries of the CU yield to Armenia in legislation.

“Russia exports oil, gas and corruption. We are acceding to that system”, political scientist Stepan Grigoryan thinks.

Gagik Kocharyan asserted Armenia does not decline cooperation with the EU. There are about ten customs unions in the world, where, he thinks, circulation of members countries and investments grow.

NA deputy Khachatur Qoqobelyan remarked that supporters of the CU do not realize that it is against the state sovereignty of Armenia. The RA Constitution does not suggest any structure beyond national that can commit decisions to the RA state structures. However there is an economic committee the decisions of which are obligatory for the three countries of the CU.

Chair of the Gyumri Journalists’ Club Asparez Levon Barseghyan is sure that the choice between the EU and CU puts the country under the danger of losing its sovereignty.

Moderator of the discussion, executive director of “Open Society Foundations-Armenia” Larisa Minasyan commented there is an emerging process of “bankruptcy” of the democratic institutions. 

Print Friendly and PDF
More Press Releases
“Access Right to Health Care in Armenia: Current Challenges, Obstacles and Ways of Overcoming”
Obstacles for universal access to health care in Armenia are first of all financial.
Representatives of the civil society stated this during the press conference dedicated to Universal Health Coverage Day at Media Center on December 12.
“Press Conference of Eiji Taguchi, Ambassador of Japan, at Media Center”
During the press conference at Media Center on December 11, Eiji Taguchi, Ambassador Extraordinary and Plenipotentiary H.E., congratulated the Republic of for signing the comprehensive and enhanced agreement with the European Union on November 24, 2017.
“Armenia's Energy Sector Issues: Parallels with Georgia”
One of the most pressing issues in the Armenian energy system is the non-transparent and illogical formation of the gas price for the consumer. Officially, Russia sells gas to Armenia at $ 150 per 1,000 cubic meters but the final consumer pays almost twice more - $ 290.
“29 years after Spitak Earthquake: Seismic Safety Issues and Challenges in Armenia”
The human and material losses of Spitak earthquake on December 7, 1988 were catastrophic. 21 towns and districts, 342 villages were damaged, 17% of the country's housing stock was destroyed.
“Constitutional Amendments of 2015: Consequences and Impact on Socio-Political Life”
On December 6, 2015, a referendum on constitutional amendments was held in Armenia. The draft Constitution proposed to move from the semi-presidential system to the parliamentary system.
Follow us on social networks
Registration of events
Today at Media Center
Press Releases
Armenia-Turkey Events