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Turkish-Armenian trade relations increase

By Messenger Staff
Monday, June 25
As some analysts have suggested, current steps have been taken by Georgia and Armenia with regard to establishing deeper trade relations– in particular a customs agreement aimed at increasing trade turnover between Turkey and Armenia via Georgia. Armenian products will be re-exported via Georgia, and Turkey is interested in its export to Armenia via Georgia. Analysts state that currently, trade turnover between Armenia and Turkey has reached approximately $150 million. Armenian analysts suggest that with the further unification of the customs procedures between Georgia and Armenia, Turkey will become better integrated and eventually all three sides will benefit.