13/12/2013 12:59
Zhoghovurd: Prices of some products to rise sharply in Armenia
After Armenia’s entry into the Customs Union, prices of some products, including essential goods such as sugar, vegetable oil and chicken meat, will sharply rise in the country, according to ‘Zhoghovurd’ paper.
Armenian Economy Minister Vahram Avanesian confirmed this information. “Yes, it is a possible scenario and prospective damage,’ he told the paper, adding that the advantages from joining the Customs Union will outweigh the prospective damage.
In his words, it is impossible to predict exactly all obstacles and risks resulting from Armenia’s entry in the Customs Union.