Expert: There Are Free Niche Markets for Armenian Goods in Russian Market
"Armedia" IAA presents an exclusive interview with a Chief Economist of the Eurasian Development Bank (EDB) Yaroslav Lisovolik. The interview was conducted in the framework of the 12th international conference "Eurasian Integration", held at the initiative of the Eurasian Development Bank.
- Mr. Lisovolik, at the suggestion of the Eurasian Development Bank (EDB) the project "Integration 2.0” was reviewed. What is the project about and how can it affect the economies of the Eurasian Economic Union (EAEU), particularly Armenia?
- I think it is about new momentum of the integration processes in the Eurasian area, taking into consideration the new realities in which our region is now. The human capital, as well as digital economy plays a special role in it. These issues, that so far have not been given enough attention to and momentum in the integration processes, can become new dimension.
It is obvious, that at the first stages, when we spoke about integration processes in the Eurasian area, the main emphasis was on the development of infrastructures. It is still a core and very important benchmark. However, now we realize that the integration processes do not end there, and there are various directions of work not only within the framework of the integration processes within the EAEU, but also beyond its borders. It is about those alliances that are being built with other countries. Tens of countries are currently waiting to build economic alliances with the EAEU, also including free trade zones with the countries of the EAEU.
This is why “Integration 2.0” is a new sphere of integration processes for me, which if actively developed, can rapidly increase the competitiveness of our regional grouping as compared to other regional projects in the world economy.
- The export from Armenia has increased by 20 percent last year. Is the tendency continuing this year and what can be done in this direction that has not been done yet?
- I think in reality it is encouraging that the positive economic figures on export, recorded last year, continue and the export increase from Armenia stays at a quite high level.
To continue these processes and to encourage economic growth by export, our countries should continue the work aimed at having favorable conditions for goods, including food, in each other's markets. The conditions for this exist: certain unused niche markets, for example, in the Russian food market still continue to exist, and they can be taken by the Armenian producers.
The dairy products of Armenia continue to have a competitive advantage. There is an opportunity to increase the presence of Armenian producers in the Russian market. I think there are opportunities to increase their presence in the fruit and vegetable markets. Here, it seems to me, there are competitive advantages, and it should be about the verified measures, including the connection of logistics related to the delivery of agricultural goods to the Russian Federation.
And, of course there is another measure that we should speak about; those are foreign trade alliances of the EAEU with other countries. It will allow the Armenians to enter new markets. As an example of this, we can speak of the EAEU free trade zone with Serbia. We discuss the possibility of passing from a number of bilateral agreements , Russia-Serbia, Belarus-Serbia, Kazakhstan-Serbia, to the full-scale free –trade area, which will result in an open European market, European direction for Armenians as well for the increased exports.
In general I think that the paradigm of foreign trade alliances, new markets for our producers is very interesting, and it will intensively develop in the coming 3-5 years.
President Sarkissian will Participate to the Crans Montana World Investment Forum in Geneva
World's Longest Sea Bridge Will Be Opened
Russia Nuclear Treaty: Bolton in Moscow Amid Missile Tensions
"No Chance of Italexit': Italy is not Leaving the EU or the Euro, PM Insists
Man Who Foiled Nazi Nuclear Plan Dies Aged 99
Transfer of the CSTO PA Session from Yerevan to Moscow is a Reflection of the Current Moods
Canada is Running out of Marijuana Two Days after Drug Became Legal
Atmosphere of Mutual Trust has Developed with Putin, says Nikol Pashinyan
Acting PM Nikol Pashinyan, His Holiness Aram I Hold Private Meeting in Antelias (photos)
Nikol Pashinyan Visits Haigazian University, Bzommar Patriarchal Congregation in Lebanon (photos)
Declaration of Friendship Signed Between Shushi of Artsakh and Saint-Étienne of France
Donald Trump. the USS is Pulling out of the Landmark Intermediate-Range Nuclear Forces Treaty with Russia
Pomegranate Festival Held in Artsakh (photo)
EU Cannot Accept Temporary Measure On Irish Border
J. Warlick: US Administration Shows No Interest In Karabakh conflict
Trump Says US will Withdraw from Nuclear Arms Treaty with Russia
The Replacement Of The CSTO Chief Will Be Completed As Soon As Possible
Nikol Pashinyan, Saad Hariri Discuss Prospects of Bilateral Relations Between Armenia and Lebanon
Nikol Pashinyan’s Working Visit to Lebanon Kicks off - Acting Armenian PM, Lebanese President Meet in Beirut
Artsakh: Congratulatory Address to Catholicos of the Holy See of Cilicia Aram I on the 50th Anniversary of Ordination to Priesthood
Brigitte Macron: We Feel So Good in Armenia that We Don't Want to Leave
In Honor of Canada’s Prime Minister Justin Trudeau, RA Prime Minister Nikol Pashinyan Gave Official Dinner (photos)
Macron: April 24 to be Remembered in France as the Day of Remembrance of the Armenian Genocide
It Is Suggested in Armenia to Rename one of the International Airports in Honor of the Great Chansonnier Charles Aznavour
Justin Trudeau: Many Years ago I Had the Opportunity to Visit Armenia with my Father during Summer Holidays
German Publicist about Erdogan's Visit: You Mean the Carpet, which Is Painted with the Blood of Armenians?
Aliyev Criticized International Observers' Assessment on the Yerevan Council of Elderly Elections before the Election Results Were Published
Sharmazanov to Speaker of Azerbaijani Parliament: You Should Recognize the Full Exercise of Artsakh People’s Right of Self-Determination
Artsakh's Defense Army Serviceman Artsakh Hovsepyan Posthumously Awarded with the "For Service in Battle" Medal
Humanoid Robot Sophia Delivers Remarks at Yerevan La Francophonie Forum, Vows to Learn French for Next Time
Wind: 8.05 km/h