Armenian Deputy Foreign Minister Shavarsh Kocharyan said that the road map to join the Customs Union will be accomplished by mid-April. Deputy Minister for Economy Karine Minasyan noted that such a pace of integration was a result of six years of reforms.
Armenian President Serzh Sargsyan said at the Yerkrap Union of Volunteers that society and investors had no reasons for worries and should expect progress. He reminded that exports had grown by 7.2% in 2013, most of it generated by trade with the Customs Union. He assures that joining it would make their opportunities boundless. It would open a market with a population of 200 million for a country with a population of 3 million.
Vladimir Lepekhin, Director of the EurAsEC Institute, said that about 50% of food was imported, mostly from the EU, Ukraine and Belarus. He believes that food from Armenia has a good chance to find its place in the Russian market and optimize prices. Instability in Ukraine gives even more opportunities.
Oleg Noginsky, Chairman of the board of Suppliers of the Customs Union, calls Armenia competitive, in terms of food and alcohol products. Prices for Armenian goods are 2.5-3 times lower than average in Russia, except the Krasnodar Territory. The expert noted that the question was whether Armenia had enough products to fill the market. He reminded that neither Belarus, nor Russia (except Kuban) grow enough fruits and vegetables. Noginsky added that Armenian food products were better quality than Turkish.
Armenian Deputy Foreign Minister Shavarsh Kocharyan said that the road map to join the Customs Union will be accomplished by mid-April. Deputy Minister for Economy Karine Minasyan noted that such a pace of integration was a result of six years of reforms.Armenian President Serzh Sargsyan said at the Yerkrap Union of Volunteers that society and investors had no reasons for worries and should expect progress. He reminded that exports had grown by 7.2% in 2013, most of it generated by trade with the Customs Union. He assures that joining it would make their opportunities boundless. It would open a market with a population of 200 million for a country with a population of 3 million.Vladimir Lepekhin, Director of the EurAsEC Institute, said that about 50% of food was imported, mostly from the EU, Ukraine and Belarus. He believes that food from Armenia has a good chance to find its place in the Russian market and optimize prices. Instability in Ukraine gives even more opportunities.Oleg Noginsky, Chairman of the board of Suppliers of the Customs Union, calls Armenia competitive, in terms of food and alcohol products. Prices for Armenian goods are 2.5-3 times lower than average in Russia, except the Krasnodar Territory. The expert noted that the question was whether Armenia had enough products to fill the market. He reminded that neither Belarus, nor Russia (except Kuban) grow enough fruits and vegetables. Noginsky added that Armenian food products were better quality than Turkish
