YEREVAN. – The volume of emigration from Armenia can become an additional cause for the world-renowned French Carrefour hypermarket chain not to open a hypermarket in Armenia, Haykakan Zhamanak daily reports.

“An Armenian Economy Ministry official gave such information to our correspondent.

“Carrefour was to open a hypermarket in Armenia—at Dalma Mall [in capital city Yerevan]—one year ago. But due to artificial barriers, Carrefour decided to open a hypermarket at Yerevan Mall, which is still under construction. This has already had a negative impact on the process of opening the hypermarket.  

“And now, studying the actual volume of emigration from Armenia, the Carrefour specialists have found that the population [in the country] is not enough for their normal activities. 

“The Economy Ministry official [also] informed that Carrefour is not so enthusiastic—to say the least—also about the prospect of Armenia’s accession to the Customs Union because as a result, the existing customs procedure for imported goods will substantially change,” Haykakan Zhamanak writes.