Armenia not to have economic benefit from opening border with Turkey

PanARMENIAN.Net - "Armenia will have no economic benefit from opening border with Turkey," New Times party leader Aram Karapetyan told today a press conference in Yerevan.



Answering a PanARMENIAN.Net correspondent's question regarding possible threats to Armenian economy, the speaker noted Armenia's negative foreign trade balance registered over the recent year. "That's to say, Armenia imports more than it exports. That means the country's production capacities are not powerful enough to enable it to join the Turkish market, whereas the case with Turkey is just the contrary," Karapetyan stressed.



The only comfort, according to him, is the possible prospect of laying Nabucco pipeline via Armenia. "But even if such plans come true, we cannot sacrifice Armenian Genocide issue and Nagorno Karabakh's independence for the project," party leader said in conclusion.