YEREVAN. - The Armenian Government will in near future present proposals on the measures regarding the goods from Turkey, Armenian Economy Minister Artsvik Minasyan said in the parliament Wednesday.

Upon the instruction of the PM, the Ministry of Economy is conducting research regarding the goods which pose a treat to the national economy of Armenia both in terms of their quality and competitiveness.

The Armenian-Turkish economic relations directly stem from the political ones and a complete package of measures should be presented here, the Minister added.

It’s necessary to consider that Armenia is a member of the World Trade Organization (WTO) and cannot use protectionist measures which are not in line with the charter of that organization. But we have an important fact here: when Armenian was joining the WTO, Turkey made a reservation to the WTO Marrakesh Agreement, stating that it doesn’t consider Armenia as an organization member and will not extend the observation of these rules over the country.

“And this means that we are fully entitled to use all the measures for the protection of our economy. This concerns the agricultural, light industry and other goods,” Minasyan stated.  

Secondly, it is necessary to consider Armenia’s membership to the EAEU, where the countries agree on their economic policy.

“But even considering all this, Armenia disposes of instruments, which will allow to take individual measures in each specific case. These steps should be accurately worked out so that no socially volatile situation results,” the Minister added.