EN
14 May 2003 - 17:48 AMT

ACCORDING TO UNOFFICIAL ESTIMATES, COMMODITY TURNOVER BETWEEN ARMENIA AND TURKEY $50-150 THOUSAND

According to unofficial estimates, the commodity turnover between Armenia and Turkey makes $50-150 thousand a year. Chairman of the Union of Industrialists and Entrepreneurs of Armenia Arsen Ghazarian told journalists today. At the same time, “Arka” agency reports, he found it difficult to give a more specific assessment. In case of normalization of the bilateral relations and lifting the transport blockade against Armenia by Turkey the goods turnover will increase 3-4 times, A. Ghazarian noted. “Turkey perceives the potential available for bilateral cooperation, but it lacks political will for correcting the faults admitted and normalizing relations,” – he said.