YEREVAN. – The dynamics of the socioeconomic development in Armenia can be assessed negatively for the year 2013.  

Opposition ARF Dashnaktsutyun Party National Assembly Faction member Artsvik Minasyan told the aforesaid to Armenian News-NEWS.am.

As per the MP, not solely have the indicators, which the authorities had noted, not been fulfilled, but a regression was recorded in economic growth and in the people’s living standards, alike, in the year that passed. .      

Minasyan added that it is very difficult to forecast, at present, how Armenia’s future accession to the Russian-led Customs Union will reflect on the country and its economy. 

“We have set up a commission, which is examining the conformity of the laws of ours and of the Customs Union. The commission will also submit Armenia’s requirements in terms of socioeconomic development in Armenia.

“We can provisionally say that entering the Customs Union may both give major advantages and lead to losses for Armenia,” Artsvik Minasyan stated.