““Armenia” has obtained a certificate by the Ministry of Economy, which means, it may already launch trade transfers,” Chobanyan said.
Armenia has produced Eurobonds, and this shift will leave its trail if we try to reproduce them, and we will mandatorily produce them to clear off the previous one. For instance, “Mudis” states that indicator of Armenia’s loan management is rather high, however, regarding budget deficit it’s stated that it increases our risks. And budget deficit isn’t a loan management, it’s management of our expenditures and incomes, and there are some problems here. We succeeded this year to confirm the budget a bit lower than previous year, we restrained budget appetite, but it wasn’t enough.
Also due to the reason, that Armenia has quiet borders with Iran and Georgia, these countries have no connection to radical Islamism, i.e. with Sunnis, as Iran is a Shia state against the Islamic State. There is an issue with Turkey and Azerbaijan, however, I don’t think at the moment Turkey may make use of radical Islamists against Armenia, and even Azerbaijan, as for radical Islamists Turkey and Azerbaijan are not upright and pure Muslim states, therefore, if all these enlarges in the region, Azerbaijan and Turkey will be the first to suffer, rather than Armenia.
Interview with Jan van Bilsen, IFC Regional Manager for the South Caucasus
“The Armenia Investment Climate Reform Project, implemented by the World Bank Group’s Trade and Competitiveness Global Practice, continues to provide advice to the government on investment policy and inspections reforms. The project is built on IFC’s previous Investment Climate Reform Project (2011-2014), which helped the government of Armenia design and adopt reforms in taxes, trade logistics, inspections, and food safety.”
We won’t make unfounded statement that National Statistical Service is busy with painting, and just consider that conscientiously, through their methodology, not forging anything, they obtained growth index. However, if economy is being activated by 4.7%, and discontent and negative expectations increase, then 4.7% has nothing to do with the reality.
According to Tarasov, Azerbaijan understands that all these “smell of kerosene,” the situation radically changes against Azerbaijan, Turkey is rolling into abyss so profoundly that Azerbaijan appeared amid Russia, Iran and sinking Turkey.
Russia continues to get isolated from the civilized world: condemning verdict towards Nadejda Savchenko more deepens the process. Azerbaijan is among those few countries, which may still extend its ties with Russia, not being afraid of further discrediting. Subject of Russia-Azerbaijan trade, naturally, will refer to interests of Armenia and NKR. Besides, economic factor may impact on the conflict as well, as a result of fall in price for oil both Russia and Azerbaijan may become more unpredictable, for the two one of the possible variants to soothe internal tension due to social-economic situation is making use of the conflict, for the purpose to change current status quo.
In my opinion, Armenia’s condition is bothering, there is no direct threat from the Islamic State, however, there is bigger threat, as, in the end, Turkey is a country neighboring to Armenia, and the latter is in problematic ties with Turkey. And if Turkey enters a rather unsafe era, it may contain big threats for Armenia.
Only Armenia is interested in termination of escalation, as for Azerbaijan, it’s a means of attaching the attention of international community and directing the issue on its preferred way. Frozen conflict is beneficiary for other parties, issue of settlement may be passed on to next generations, OSCE will imitate some development, however, in fact, nothing will change. I consider, especially when manat was collapsed together with oil prices, although they’ve gone up a bit now, however, in general, they are low, and Azerbaijan faces serious economic problems, and from domestic policy perspective foreign policy success is more crucial for Aliyev, i.e. positive dynamics in conflict settlement should be shown to Aliyev more than ever. And instead of bread, he should offer sights.
