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Armenia to begin export to Turkey in January

12 November 2008 09:34 (UTC +04:00)

Head of the Armenian Industry and Business Union Arsen Kazaryan said closed borders with Turkey inflicted 500 million USD of damages on Armeniaâ€™s economy every year. â€œWe are negotiating with TUSIAD the legal export of Armenian products. If the trade agreement is realized, there will be no need to normalize political relationsâ€.

Arsen Kazaryan said products of Rusal-Armentel would be first exported to Turkey. â€œThere is a serious need in aluminum foil in the Turkish market, but unfortunately Armenian products are delivered to Turkey via the third countries. If we begin legal export, work of Armenian producers will be eased. We should be ahead of politiciansâ€.

Volume of trade turnover between Turkey and Armenia increased for 2.2 times and reached 185 million USD this year.