Pro-government lawmaker defends Armenia’s accession to Russia-led trade bloc

Pro-government lawmaker defends Armenia’s accession to Russia-led trade bloc

YEREVAN, February 13. / ARKA /. A pro-government member of the Armenian parliament has defended today the country’s leadership decision to make it a member of the Russia-led Customs Union saying it will contribute to attracting foreign investment into the country.

According to Khosrov Harutyunyan, the leader of a small Christian Democratic Party, one of the main reasons behind dire economic and social conditions in Armenia is the lack of foreign investment because of constant threat of renewed hostilities in the region, high level corruption and inconsistency with European standards in several areas.

"The Customs Union will help us raise the level of our security that will in turn  become an incentive for attracting more foreign investments,” Harutyunyan said at a press conference.

He argued that Armenia’s membership in the Russia-led bloc would cut to some extent corruption in the country.

"After attracting foreign investors, we can develop our economy, create new jobs and finally materialize our scientific and technical potential,” he said.

Haruitynyan was backed by Aram Sarkisian, head of another small pro-Russian Democratic Party of Armenia, who said the membership is a necessity for Armenia.

"The fact is that in that bloc we would be an equal partner, not a controlled subject,” he said.

On February 3 the Armenian government made public a “roadmap” to Armenia’s accession to the Customs Union. The 249-page document posted on the government’s website lists 262 administrative and legislative actions concerning 20 areas of government policy. -0-

15:18 13.02.2014

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