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Economist Suren Parsyan on Monday reacted to the closure of the Stepantsminda-Larsi freeway, which connects Armenia and Russia through Georgia, because of harm brought on by heavy rains.
“Varied reviews counsel that the highway upkeep work could take 1-2 weeks,” he wrote on Fb.
“Now could be probably the most energetic interval of agricultural exports, so even a number of days of downtime will trigger nice harm to exporters and farmers.
“Amid the closure of the Higher Lars checkpoint, the devaluation of the greenback and the rise in gas costs, exporters have already suffered nice losses and can merely not maintain one other blow; they are going to go bankrupt, additionally main hundreds of farms to chapter,” the economist mentioned.
He urged the Armenian authorities to instantly begin talks with different regional nations to make use of an alternate short-term highway.
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