Monday, December 16 2024 14:43
Naira Badalian

Lifting embargo by Ankara, Baku could mean loss of Armenian economy,  statehood - economist 

Lifting embargo by Ankara, Baku could mean loss of Armenian economy,  statehood - economist 

ArmInfo. Regional economic integration can yield additional economic benefits for the countries  of the region if these processes mature and develop on the basis of  mutual coordination of the national interests of all participants,  and not under the sole leadership of one.  This was stated by the  deputy of the opposition faction of the National Assembly ,  economist Tadevos Avetisyan.

 

Now that they have achieved military success and dominance, and  Armenia is facing serious security and socio-economic problems, the  Turkish-Azerbaijani tandem proposes lifting the embargo as the next  step in advancing their national interests. In this context, it is  also noteworthy that after the last elections, the current government  of Armenia formulated in its five-year plan the goal of lifting the  blockade of the region as the basis for mutually beneficial  coexistence of our country, expecting a constructive position from  Turkey. At the current stage of geopolitical and regional events,  this goal-setting is accompanied by a populist and unrealistic  program of the so-called "Crossroads of the World", but in fact it  does not have a comprehensive foundation and framework for  implementation arising from the interests of Armenia's sustainable  development," he wrote on the social network.

Thus, touching upon economic cooperation with Turkey, Tadevosyan  believes that, in general, it will be implemented within the  framework of its sole leadership and subordination to the prospective  interests of the other side, expansion of the Turkish economy with  the simultaneous displacement of natural allies from the region, the  imposition of geopolitical interests through a unilateral economic  blockade. Gross encroachments on the sovereign territory of Armenia  are possible with the threat of using Turkish- Azerbaijani military  force, as well as irreversible losses of statehood in the context of  considering the Republic of Armenia as an obstacle to the  implementation of Ankara's strategic plans.

Turning to the indicators of trade and economic activity, Avetisyan  recalls that in the ten years preceding the 44-day war (2010-2019),  imports from Turkey to Armenia amounted to $2.151 billion, with a  trend of sustainable growth, with exports of $13.9 million, which is  150 times less than imports (Turkey's share in the import structure  is 5%, in the export structure - 0.1%). In particular, in 2021, under  the embargo on imports of goods of Turkish origin to Armenia, imports  amounted to $73 million, in 2023 imports reached $337 million,  increasing by 30% compared to last year, while Armenian exports,  meanwhile, decreased 10 times - to $6.4 million. In January-October  2024, imports from Turkey amounted to $272 million, exports from the  Republic of Armenia were only $397 thousand, which is 690 times less  than exports, while the total volume of Armenian exports doubled - to  $11.55 billion, of which 22.5% came from Russia. At the same time,  over 10 months, the share of EU countries in the structure of RA  exports decreased by 2.5 times, to 4.3%, the share of the EAEU  decreased by 2.5 times, to 23.7%, exports to Iran fell by half - to  0.8%, to the USA - a decrease of 2 times, - to 0.4%, the share of  Georgia also decreased by half - to 1.2%.

, the MP noted. Threats in the form of imitation of regional  integration to the detriment of economic security, deepening  political and economic instability, unlimited access to land  ownership in border settlements also seem real.

Based on the above-mentioned general assessments and data, Tadevos  Avetisyan proposes minimum principles for regulating the processes of  regional economic unblocking, arising from the national interests of  Armenia's sustainable development.

1. The economy of Armenia should develop not as an end in itself,  exclusively by market "wild" approaches, but in order to prioritize  the deepening security and socio-demographic problems; 2. Effective  and mutually beneficial economic integration in the region and  sustainable economic development of Armenia cannot be achieved by  ignoring these problems, increasing and deepening them; 3.  Investments and economic growth should become the material basis for  realizing the aspiration of the Armenian people to live safely, with  dignity, freely and prosperously; 4. Economic cooperation should be  aimed at, and not counteract, the protection of the sovereignty and  territorial integrity of the country, the use of the entire existing  human and economic potential; 5. The national state with a  socio-economic system must fully and steadily fulfill its positive  and objective obligations; 6. National prospective interests should  not be given over to either the invisible hand of the market, or to  seemingly external opportunities that contradict them and are  directed by the interests of others.