Nobody knows who is the right person to lead economic transformation in Armenia, as the country faces many challenges, entrepreneur Ruben Vardanyan said in an interview with DW.

It is a difficult job, because Armenia needs modernization in all areas, he said when commenting on whether Nikol Pashinyan can be a person to lead the economic transformation.

“We are facing unbelievably good time in Armenia,” Vardanyan said. “We all need to help him because it will be a disaster for the Armenian nation if he fails.”

The Russian-Armenian businessman emphasized that the expectation in the Armenian society is very high, and it is a question how Pashinyan can handle the expectations.

“He has a challenging job, he has no experience to run economic transformation, but I think he will be right consolidator of people around him who are professional and open-minded,” he added.

Speaking about Russia’s role for Armenia, Vardanyan said it the biggest market for the Armenian commodities, noting that even if Armenia becomes the EU member, many products will not be competitive there.

“Russia is a big investor in Armenia and provider of jobs for the Armenians who cannot find job in Armenia,” he said.

Armenia is a unique country bordering four civilizations, and the best for the country is being a bridge of four civilizations, not a party of any of them, the businessman resumed.