Railway and TRIPP: what is in Armenia's interest?
Gortsarar aliq FM106.5 · 29 minutes
“In 2008, the events in Abkhazia took place, after which our railway was cut off from the outside world, and from this point of view, our railway is an orphan. True, I use a harsh word, but I mean that it is unable to serve the economy to the extent that it has potential. We are an open economy, but we are landlocked and have four borders, all of which we have problems with. In winter, the passability of these borders drops considerably, and in Armenia, prices increase considerably in winter, and there is deflation in summer. We import gasoline, fuel, and grain in the fall, but the prices of goods that spoil quickly, such as fruit and tomatoes, increase considerably in winter. If we can operate the railway normally and have a clear connection, this problem will be solved.”
“Trump’s path has a certain economic potential for the Republic of Armenia, but since there are military incidents in Persia at the moment, it may be postponed, because it is mainly investors who do this. There is another circumstance, economic. It is the barter of electricity for gas with Persia, which is very important from the point of view of the economic security of the Republic of Armenia. We do not have battery capacities, and Persia is a battery for us. The additional electricity that we cannot consume is immediately sent to Persia. The more open borders the economy has, the more economically beneficial it is, but economic growth and economic security should not be mixed. The more we behave like Switzerland, the richer we will become, like Switzerland.”