Friday, October 20 2017 16:05
David Stepanyan

Economist: When signing an agreement with the EU, Yerevan should take into account the prospect of the absence of a flow of investments and technologies from there

Economist: When signing an agreement with the EU, Yerevan should take into account the prospect of the absence of a flow of investments and technologies from there

ArmInfo. When signing an agreement with EU, Yerevan should take into account the prospect of a lack of a flow of investments and technologies and, accordingly, adjust its own approaches. A similar opinion in Yerevan at the international roundtable on "Integration vectors and security: challenges and opportunities" was expressed by the economics department of the Institute of the CIS countries, Doctor of Economics Aza Mihranyan.

In November 2017, at the Brussels summit of the Eastern Partnership, Armenia plans to sign a framework document on partnership with the EU, which was initialed on March 21, the Agreement on Comprehensive and Enhanced Partnership. The relevant talks were initiated by the Council of Foreign Ministers of the EU on October 12, 2015 in Luxembourg.  The economist, in particular, expressed the conviction that in order to avoid possible competition, there will be no transfer of any technologies to states not controlled by the EU, including the member of the EAEU of Armenia, Brussels. In this light, urging to look at the experience of the countries of Eastern Europe, Mihranyan noted the dubiousness of talking about a technological breakthrough as a result of Armenia's inclusion in European integration projects.

The economist also believes that Armenia, with its small economy and, accordingly, interests and opportunities and big problems, cannot expect an active investment flow from Europe. Especially, given the difficult financial situation in EU, problems and competition for resources within the pan-European market.

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