The European community openly urges to open the Armenian-Turkish border, Turkish-Armenian Business Development Council head Kaan Soyak stated, APA Azeri news agency reported. In his words, Europeans treat the issue not like the Azeris do. "The conflict between Armenia and Azerbaijan cannot be settled with the borders closed. Azerbaijan presses upon Turkey to keep the borders blocked. However, the review of such policy will not only alleviate Turkey's problems but also promote the conflict settlement supported by the international community", he noted. "I believe in the soonest establishment of peace in the South Caucasus. However, the opening of the Armenian-Turkish border and reconciliation of Azerbaijan and Armenia is the first condition for the establishment of peace in the South Caucasus. The Kazan meeting was very important and certainly the determination of the status of Karabakh in the most important task. Thus the parties should work out a formula admissible for both if them", Mr. Soyak added. When asked whether the Turkish entrepreneurs could establish trade relations with the Karabakh businessmen, Kaan Soyak stated, "There should not be any obstacles for trade. But Nagorno Karabakh is a region not recognized by the international community. That is why credits are not allocated and the commodities imported are not insured, international banks do not function on the NK territory and the investments have no international guarantees. Thus before the determination of Karabakh's status free trade only can develop with the region." In his words, if peace is established and the borders are unblocked Turkey, Georgia, Azerbaijan and Armenia should first of all revive tourism. The South Caucasus is one of the world's richest regions from the viewpoint of tourist potential, the Turkish businessman noted. When touching upon TABDC's initiative on building Baku-Tbilisi-Ceyhan oil pipeline via Armenia K. Soyak said, "The TABDC called such oil pipeline "the peace belt", which would unite us for many years. All the countries of the world including Azerbaijan recognized that the construction of the pipeline through Armenia would be economically more beneficial, since the expenses could be cut to 20%. There are pipelines in Armenia laid during the soviet period and they can be used at present time. As result, Turkey and Azerbaijan can derive a greater income form these pipelines", Kaan Soyak resumed.