Armenia – Turkey trade relations

Armenia – Turkey trade relations

Do Georgia’s Association Agreement with the EU and Armenia’s agreement with Russia-led Eurasia Economic Union have implication for the trade between Armenia and Turkey?

Since 2011, CBDN has been working towards promoting business contacts and cooperation between business communities in Armenia and Turkey. As the border between these two countries is closed and the trade route is via Georgia, discussions on what different economic orientations in the South Caucasus (i.e. Georgia and Armenia) would mean for the trade, though informal, between Armenia and Turkey, increased among business circles. Moreover, many civil society experts saw Armenia’s orientation towards EEU as a further setback to the prospects of normalization with Turkey. Many hoped that negotiations with the EU could open doors for improving Armenia-Turkey relations (i.e. in the case of Turkey’s accession to the EU). Read more