Armenian-Turkish ties normalization to curtail production volumes in Armenia

PanARMENIAN.Net - "The only gain Armenia will have from opening Turkish border will be a Nobel Prize awarded to President for normalizing bilateral ties and establishing peace in the region," New Times party leader Aram Karapetyan said.



There's no guarantee that Turkey will not repeat history, attempting to destroy Armenia through new methods, Karapetyan said, adding that he didn't find closed borders serious impediment to Armenia's economic growth. "Our export volumes do not exceed the 40% limit. Global crisis cut down transfers and credits by 40%, deteriorating our economy" the speaker noted, expressing confidence that after opening border, one year would be enough for Turkey for attacking our domestic market and ousting local producers from there.



With regard to MCC's decision to suspend funding project, Karapetyan said he didn't understand US policy. "On the one hand they deprive us of millions, on the other hand, World banks gives us $ 542 million credit. I can't understand such tricks," he stated.