Armenia's economic structure may undergo signficiant changes in case of opening Armenian-Turkish border

PanARMENIAN.Net - Armenian-Turkish border opening may lead to considerable structural changes in Armenia's economy, said Manuk Yergnyan, Chair of Economy and Values research centre. "Our economic system should be built based on concrete hypothesis, with Armenian-Turkish border opening being one of them. If that border opens, economic structure will undergo serious changes," he said. In that context, the expert stressed the importance of developing the spheres and productions implied by border opening, penetration of such markets and a new system of raw pricing.



"In the meantime, it is necessary to consider the possibility that border may close. In that case we'll find ourselves in a situation we have faced twice - after USSR collapse and during global crisis," Yergnyan noted, adding that in case of border opening Armenia will have a new structure. "The biggest economic concern depends on that," he added.