Türkiye and Armenia Initiate Official Bilateral Trade
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Executive Summary:
Türkiye announced that preparations for official bilateral trade with Armenia were completed on May 11. Goods no longer need to be reregistered in a third country before reaching their final destination when moving between the two countries.
Armenia and Türkiye are slowly advancing their normalization, and initiating official bilateral trade is a major milestone. Friendlier economic relations, especially in trade and transit, are an important part of this process.
Türkiye announced that preparations for official bilateral trade with Armenia were completed on May 11. Goods no longer need to be reregistered in a third country before reaching their final destination when moving between the two countries.
Armenia and Türkiye are slowly advancing their normalization, and initiating official bilateral trade is a major milestone. Friendlier economic relations, especially in trade and transit, are an important part of this process.
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