YEREVAN, September 20. / ARKA /. Armenia's accession to the Customs Union will become a strong incentive for local producers to improve the quality of their goods, says Dean of the Faculty of History of Yerevan State University Edik Minasyan.
In his view, this move will have an overall positive impact on the development of the Armenian economy, contributing to its prosperity, and the promotion of local products at foreign markets.
Minasyan also said this is possible only if the national interests of Armenia are taken into account when entering the Customs Union, as well as the existing relations with the European countries are maintained.
The historian argued that Armenia's joining the union not only does not poses a threat to its independence, but also increases its security guarantees "which today are very important for us."
Armenian president Serzh Sargsyan announced September 3 after talks with Russia’s Putin in Moscow that his country would join the Customs Union. Before that Armenia was expected to initial an association agreement with the European Union in late November. -0-