Experts on possible impact on Armenia of Western sanctions against Russia

Armenian Minister of the Economy Vagram Avanesyan has recently announced that possible EU and US sanctions against Russia would affect the Armenian economy. His opinion is shared by Tatul Manaseryan and Sergey Minasyan.

According to head of the analysis centre Alternative, Tatul Manaseryan, such sanctions would affect trade ties and joint investment projects. He believes, however, that Western sanctions against Russia are improbable.

The deputy head of the Caucasus Institute, Sergey Minasyan, said possible EU and US sanctions would first of all damage the Armenian financial system, because in the sphere of finance Armenian-Russian ties are especially close.