In case Armenia-Turkey border opens, the Turkish products flood to Armenia might primarily affect the agricultural sector, Chairman of Domestic Commodity Producers' Union Vazgen Safaryan told NEWS.am.
RA Government should take the necessary steps to protect Armenian market “although it cannot prevent inferior goods’ manufacturing”. According to Safaryan tax or customs measures can be assumed, as well as natural monopolies rates should be revised “to minimize it enabling Armenian products to compete with Turkish ones.”
Energy resources, gas and water rates are quite high. The policy on producing more competitive goods should be pursued, Vazgen Safaryan stated specifying that this is how domestic producers are encouraged in Turkey.
Referring to USD rate rise, Vazgen Safaryan said that it is conditioned by the Central Bank problems. “I assume Central Bank will take steps to control the currency rate,” Safaryan concluded.
















