Monday, January 3 2022 16:29
David Stepanyan

Economist: The threat of the "Zangezur Corridor" could have been  bypassed by declaring Armenia an open country

Economist: The threat of the "Zangezur Corridor" could have been  bypassed by declaring Armenia an open country

ArmInfo.Our leadership could well have bypassed the threat of the "Zangezur Corridor" by declaring the country open. Former Head of the Central Bank of Armenia,  economist Bagrat Asatryan, expressed a similar opinion to ArmInfo.

"The pressure of Turkey and Azerbaijan in the issue of providing them  with an actual corridor through the territory of the Syunik region of  Armenia, as we see, continues. And all this could have been avoided  if back in 2020 the Armenian leadership would have declared the  country open and really opened roads for all types of transport. This  would be a very important, timely step, which, with proper  calculations, could automatically neutralize that threat," he said.

In the context of the actually launched process of normalization of  Armenian-Turkish relations, Asatryan noted that Armenia cannot afford  an eternal blockade. Accordingly, in his opinion, steps towards  eliminating problems in relations with neighboring countries are a  necessity for Armenia. The economist noted that at one time, back in  the early 1990s, the then leadership of the country, realizing the  impossibility of long-term enmity, began to improve relations with  Turkey.

"Then we registered certain successes, and I would very much like the  resumption of these contacts. In this light, I would like to note  that the same air communication between Armenia and Turkey existed  earlier and both Armenian and Turkish airlines flew. As for relations  with Azerbaijan, then unblocking transport communications in this  direction is undoubtedly beneficial for Armenia. First of all, due to  the fact that in this way, of course, over time, we will get reliable  and inexpensive access to Russia, "he said. 

In this light, the economist emphasized the unreliability and danger  due to the periodic avalanches of the only existing route through the  Caucasus Mountains from Armenia to Russia on the Georgian Military  Highway. Asatryan also stressed the high cost of ferry crossings from  the Georgian Black Sea ports. At the same time according to his  estimates, Armenia will receive the shortest, including railway,  access to Iran through the territory of Nakhichevan.  

"Given the lack of railway communication with Iran, Armenia has lost  a lot in terms of developing the existing potential of trade and  economic relations.  Thus, our interest in unblocking communications,  in view of the prospects contained in this, is beyond doubt. I think  that concrete economic benefits woul flow with the beginning of the  process of movement of goods and passengers after the opening of  roads. We are talking about the restoration of lost opportunities,  which, over time, I hope, will be realized in specific contracts and  projects, "Asatryan summed up.