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Economist: Armenia must not act on the defensive, it must attack

  • by Gayane Isahakyan

  • Friday, March 7, 22:30

 In its foreign and domestic economic policies Armenia must stick to the principle of preventive attack rather than the principle of defense, economist Tatul Manaseryan said on Friday, while presenting his report on economic growth and human capital development in Armenia. 

He said that Armenia must stop just reacting to challenges, it must start preventing them. "For example, our authorities first decided to join the Customs Union and only then began thinking about possible consequences. For many years they neglected the GSP and GSP+ options once provided by the EU and remembered them only when they decided to join the Customs Union. Only now that have seen that these two regimes are incompatible," Manaseryan said.
One more example is the country's strategy to develop export- oriented industry in 2012-2020. "When we adopted the program, we had no Customs Union in mind.

As a result, now the program is inactive and must be reviewed," Manaseryan said.
And one more important point is that one day Turkey may decide to open its border with Armenia. "So, we must be ready for this scenario as well," the expert said.

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