The Crossroads of Peace Project is gaining a global importance, Prime Minister Nikol Pashinyan said at the “Crossroads of Peace. combining security and democracy” conference in Yerevan organized by the Civil Contract party and the Konrad Adenauer Foundation.
“Global changes give the “Crossroads of Peace” project global importance,” said the Prime Minister. He emphasized that due to the events taking place in Ukraine, problems have arisen from the point of view of the flow of goods and passengers.
PM Pashinyan reminded that large flows from highly developed industrial regions were directed to Europe, and most of these would pass through Russia.
“The Russia-West passage was hampered significantly because of the developments in Ukraine, the sanctions and deteriorating political relations. And we see that problems emerge on the path of the flow of hundreds of billions of dollars’ worth of goods. This is the reason why goods worth hundreds of billions are now searching for new paths to flow towards the biggest markets,” Pashinyan said.
The prime minister underscored that the movement of goods is not unilateral: it concerns both directions: East-West and West-East. Now, hundreds of billions of dollars’ worth of goods are searching new ways to the West.
“This is the reason that, with time, the Crossroads of Peace project has been gaining global significance,” the PM said.
Pashinyan once again explained the meaning of the project.
“There is a static state in over 70 percent in Armenia’s borders in the region, the borders are unable to ensure the flow of goods. And the meaning of the Crossroads of Peace project is for Armenia to have its contribution in terms of servicing that huge economic flows. Moreover, the needs of Central Asian countries, in terms of exports and imports, are in no way of secondary importance here. The main idea is that Armenia offers its services on the path of the movements of those goods and rendering of services from East to West, West to East, South to North, and North to South,” Pashinyan said.
