Armenian government sees no need for embargo on Turkish goods

Head of the Armenian State Revenue Committee Rustam Badasyan sees no need for an embargo on Turkish goods.

Badasyan made the remarks at a briefing in the parliament, Caliber.Az reports citing the Armenian media.

He noted that at the moment, such a project is not being implemented and the introduction of a new embargo is not being discussed.

Moreover, Badasyan noted that he has a normal attitude toward trade.

As for any threats to the Armenian economy which may be absorbed by Turkish goods, the head of the Armenian State Revenue Committee does not see any threats.

Armenia announced an embargo on Turkish goods in 2020. Earlier, Armenia imported goods worth $250-270 million from Türkiye a year. The ban was lifted as of January 1, 2022.

Armenia and Türkiye appointed their special representatives for negotiations on the normalization of bilateral relations in December 2021.

Vice-speaker of the Parliament Ruben Rubinyan represents the Armenian side while Ankara is represented by former ambassador to the US Serdar Kilic.

Diplomats have already held four rounds of negotiations, the first meeting was held in Moscow, and the other three in Vienna.

Moreover, the Armenian prime minister and the Turkish president held their first phone talk in July 2022.