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Cemil Cicek: there are those trying to deceive the world by leading them to believe that Turkey committed genocide in 1915

Former foreign minister of Armenia international statements on incident with Armenian helicopter contained as never harsh criticism of Azerbaijan

Alexander Krylov: Problems in Russia’s relations with Untied States and EU in favor of global caliphate

Expert: An "open sky" policy was imposed on Armenia by the IMF and WB

Prime Minister of Armenia: Sudden devaluation of the Armenian dram will have an adverse effect on people's well-being, but positive effect on exporters

Azerbaijan involves Ukrainian journalists - the authors of the TV programme about Karabakh in the black list

Newspaper: ARF Dashnaktsutyun Party suffering from infighting

Hovik Abrahamyan: Government of Armenia is determined to conduct a policy of constructive engagement with the opposition

Cars of four oppositionists burnt in Yerevan

Shenik community kindergarten renovated with support of Beeline and COAF

Seyran Ohanyan: Baku should pay for its provocations

Yerevan has been negotiating with Russia on opening of a separate terminal for the cargo companies of Armenia at "Verkhniy Lars" check point

Jirayr Sefilyan: The reason of Baku's impudence is unwillingness of the Armenian parties to start the war

VivaCell-MTS implemented the November draw "365"

UNESCO puts an end to the arguments between Armenia and its neighboring states around lavash.

Armenian Parliament Commission for Economic Affairs endorses agreement of Armenia's accession to EEU

Gagik Minasyan: International community's no-address statements on Mi-24 helicopter incident will have serious consequences

Local producers in Armenia face problems as purchasing power in Russia falls and the Russian ruble depreciates

Orange Kino service now available as well in Cinema Star

Human rights defender: "Armenia shouldn't rush into responding to Azerbaijan "

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Human rights defender: Azerbaijan is colony of British Petroleum

Snow blocks Sotk-Karvachar road

Magnitude 2.6 earthquake hits Armenia

Central Bank of Armenia sees no serious inflation risks with changing national currency rate

Artsakh Defense Minister: Official investigation will give answers to all questions about downing of Armenian helicopter by Azerbaijan

Views from Moscow: Russian-Abkhazian treaty shot down project of railway to Armenia via Abkhazia and Georgia

Russian expert: Small countries should be maximally neutral in the cold war between the West and Russia

Russian expert: Project of unblocking of Armenia still has all chances to succeed

Russian expert: Format of military-political and economic union with Russia is convenient for ensuring Armenia's multi-level security

Beeline launches NON-STOP service

Russian expert: The US pressure upon Tbilisi hinders opening of the railway to Armenia

Elbat CJSC is planning to increase output by 30% in 2014

Beeline announces some changes in a number of mobile tariff plans

More than 21'000 people have visited www.orange5.am website and more than 4'100 shared their ideas for future

Putin stresses the need to open Abkhaz railway section

Experts: Sharp growth in USD exchange rate in Armenia is of adjusting nature

Taner Akcam sees connection between Genocide in Turkey 100 years ago and similar acts today committed by contemporary Islamist terrorists in Syria and Iraq

Expert: Turkey may ratify one of the Zurich Protocols in 2015

Zdzislaw Raczynski: The Association Agreement with EU would open more opportunities for Armenia

Defense Ministry: Military Honors Funeral to pilots of downed Mi-24 helicopter scheduled for 24 November

Armenia's deputy minister of defense informs Ambassador Kasprzyk of details of latest special operation to recover bodies of Mi-24 helicopter crew

Zdzislaw Raczynski says Poland remains committed to its principles in NK problem, that is, not to arm conflicting parties

System of a Down to perform in Yerevan in 2015

Fundamentally, Armenia may be pro-Russian but it does not mean that it may be pro-Putin, Richard Giragosian says

Ex-defense minister of Armenia: NKR Defense Army brilliantly conducted a risky special operation

Seyran Ohanyan: Parts of Armenian helicopter downed by Azerbaijan to be submitted for examination

Sergey Grinyayev:The West’s sanctions are extremely positive for the Eurasian Union project

ArmInfo’s Interview with Director of the Russian Center for Strategic Assessments and Forecasts Sergey Grinyayev

  • by David Stepanyan

  • Monday, August 4, 22:51

In its sanctions against Moscow, the West is already applying tough measures even against its own companies operating in Russia, which has already resulted in outflow of capital and technologies from Russia. How would you assess the possible impact of the sanctions on the Russian economy in the future?  

 

The West's sanctions are hurting the Russian economy as it is strongly dependent on foreign technologies. This is the result of the liberal policy our authorities have been carrying out over the past decade. Had the sanctions been imposed in the Soviet times, we would have had no problems. But today we have very few industries of our own and are heavily dependent on imports.  Even our key defense sectors depend on imports.

 

The Customs Union was designed exactly to save Russia's economy. This is why the West is chocking Russia with sanctions. But they in the West are also weak. Undermined by the global crisis, they are no longer as strong and unanimous as they were before. So, it is not yet clear who will suffer more from the sanctions: right after the second phase of the sanctions, the stocks of European companies fell 15%. Besides, the West is not the only one in the world, we also have Asia and South America.

 

Can the West’s sanctions against Russia affect the formation of the Customs and Eurasian Unions given that the other potential member states (e.g. Armenia) have close economic ties with Russia? Won’t the international isolation of Russia make the countries leave its integration projects?     

 

The current sanctions of the West are extremely positive for the whole Eurasian Union project. It is better to determine who is who now that the project is in the initial phase and Russia has not yet started supporting the partners' economies. If they run away, let them do it now. The brightest example is Ukraine. This country has been trying to keep a foot in both worlds for many years by giving out promises to everybody and getting support from both Moscow and Brussels. Things do not just happen. The failure of such strategy is obvious and vivid today.

 

Therefore, everything will depend on the members and the potential members of the Customs Union.  Will they be ready to overcome the difficulties together with Russia or will they join our rivals?  The idea of the Eurasian Union is relevant like never before given that the growth of economies of Asian countries, first of all, China and India, demands expansion of economic ties with the rest of the world. He thinks that such ties can most effectively and safely be laid from China to Africa via the Black Sea straits and to Western Europe via Minsk, as well as from China to Europe and the United States. It is these transport corridors that will ensure the vitality of the financial center. And here each of the members of the Union should decide its own station.

 

Do you agree with the opinion that Crimea will soon turn into another "black hole" for Russia like Chechnya, where billions of Russian taxpayers are pumped?

 

No, I don’t. Russia has received one more landlocked sea since Crimea has been back to Russia, and no one will likely be able to mount a serious resistance to Russia in the Black Sea. Crimea is an immense potential, because one of the sections of the Great Silk Road will be laid via Crimea and will go farther via the Black Sea straits to the Mediterranean Sea and to Africa, which is so interesting to China today. The unification of Crimea and Russia is quite beneficial to Russia and the whole Eurasian Union. Today I would not call even Chechnya a "black hole". The situation is gradually changing for the better.

 

Will Russia’s expulsion from the G8 bring real problems to Russia?

 

Expulsion from the G8 will not be a big problem for Russia as its involvement in this structure was mostly a symbol of its being part of the western civilization. Russia still has no access to the G8's finances and has no say in most of its decisions. Such formats are good as long as they foster dialogue but once they are used for pressure they are no longer needed. Instead Russia will strengthen its influence within the G20 and some other much more effective international formats.

 

Do you agree with the experts linking the escalation of the Karabakh conflict with the tense situation in the southeast of Ukraine?  

 

The current situation makes me agree with the experts linking the escalation of the Karabakh conflict with the tense situation in other countries. I mean the escalating conflict in the southeast of Ukraine and the growing tension on the Line of Contact of the Azerbaijani and Karabakh troops. Evidently, there is a link between these two geopolitical 'playgrounds' in the Russia-West game. We have repeatedly predicted such developments before. Not to allow the situation to grow worse, Armenia and Russia need to come out from a single position at least on acute geopolitical issues. That is, Armenia must actively support Russia's policy in Syria, Transcaucasia and southeast of Ukraine, while Moscow will more actively engage in the Karabakh peace process. At the same time, together we will get quite new opportunities to resist the West's pressure and will avoid finding ourselves alone against that cunning enemy.

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