TURKEY * ARMENIA * BORDER * OPENING * CONSEQUENCES

Opening Armenian-Turkish border will not harm Armenia’s economy,

Minister of Trade and Economic Development says -01.08

Yerevan, August 1. /Mediamax/. The opening of the Armenian-Turkish

border will not harm Armenia’s economy, Minister of Trade and Economic

Development Karen Chshmaritian said in Yerevan today.

At the same time, the minister noted, it is necessary to count all the

possible economic consequences than might appear as a result of opening

of the Armenian-Turkish border.

According to the estimations of the World Bank experts, the annual

damage caused to Armenia’s economy because of Turkey’s closure of border makes

more than $500 million.