ArmInfo. The Armenian authorities face the challenge of moving political relations with China into the mainstream of economic investment. This was announced at a press conference by political analyst Suren Sargsyan.
In the context of the visit of the Prime Minister of Armenia Nikol Pashinyan to China, the political scientist called the People's Republic of China one of the advanced countries of the world, calling the role and influence of the People's Republic of China unprecedented, and therefore believes that Armenia faces a significant task in establishing and expanding economic relations there are political relationships.
"China is known for its global economic projects and Armenia should fit into the logic of these projects, that is, try to integrate into those or other projects that this country implements," the expert believes, at the same time calling this task extremely difficult, in the light of its territorial location and absence diplomatic relations with unfriendly neighboring countries.
Sargsyan recalled that all three presidents of Armenia on official visits visited the People's Republic of China, noting that there are no disagreements and contradictions on the agenda of the Armenian-Chinese relations. According to a political analyst, China has a fairly balanced position on the Karabakh settlement, in this sense, the Armenian-Chinese relations are at a high level, he said.
Speaking of the Chinese initiative <One belt - one road>, Sargsyan believes that this project will have a serious impact on the EAEU market, saying that the US has some concern in this regard, given that China is ahead of the US in a number of economic indicators.
At the same time, he noted that, despite the trade war between China and the United States, these countries are so interconnected and intertwined with each other that the economies of these countries will not be able to either develop separately or survive the economic collapse.
To recall, in early May, US President Donald Trump said that from May 10, US taxes on Chinese products worth $ 200 billion will be raised from 10% to 25%. In response, from June 1, 2019, China will introduce retaliatory duties in respect of more than 5 thousand commodity items from the United States totaling $ 60 billion.
Returning to the Armenian-Chinese relations, the political scientist assured that the local market can "breathe" thanks to Chinese investments, in particular thanks to Armenia's participation in global investment programs initiated by China.
<Turkey and Azerbaijan are trying to actively integrate into <One Belt - One Road>. If our neighbors are involved in these projects, they will do everything possible so that Armenia remains behind their side, "the expert expressed his fears, urging the authorities of the country to be consistent and active in relations with China, recalling that by efforts of the Azerbaijani and Turkish lobbies was excluded from all sorts of regional economic projects, and the only alternative for official Yerevan was only the EAEU. "If Armenia does not pursue an active economic policy with China, Yerevan is doomed to withdraw from all projects. From the economic point of view, this loss will set us back and there will be no opportunity for its return, "the expert warned, calling the interaction with China one of the foremost directions of Armenia in the external vector, considering that the future is with China. When asked why Pashinyan refused to participate at a high level in the international conference "One Belt - One Way", the expert focused on a bilateral meeting with Chinese President Xi Jinping. "If Armenia has a need for serious discussions, then meeting with the President of China is the best reason for this," he said.