Free trade relations will be established between Armenia and Turkey in two yearsJune 23, 2009 - 16:48 AMT PanARMENIAN.Net - ''Possible opening of Turkish-Armenian border will signal a start for significant changes in Armenia,'' ARF Dashnaktsutyun representative, ex-Minister of Agriculture David Lokyan said adding that the opening of Armenian -Turkish border will initiate free trade relations between Yerevan and Ankara and further Armenian economy development. "To receive EU membership, Turkey has changed its legislation to bring it in compliance with European standards, which can't be said about Armenia. To begin successful collaboration with neighboring countries, we should change a lot in our legislation. Armenia has enough time to prepare for new trade relations with Turkey," ex-Minister of Agriculture noted. According to Lokyan, collaboration with Ankara will give Yerevan a chance to enter international market. "To initiate trade relations, we should prepare accordingly by properly studying the Turkish market. We have two years before we introduce free trade relations with Turkey,'' David Lokyan said. He also noted that the only shortcoming to the opening of Turkish -Armenian border might be its negative effect on tourism sphere in Armenia. Top stories Authorities said a total of 192 Azerbaijani troops were killed and 511 were wounded during Azerbaijan’s offensive. In 2023, the Azerbaijani government will increase the country’s defense budget by more than 1.1 billion manats ($650 million). The bill, published on Monday, is designed to "eliminate the shortcomings of an unreasonably broad interpretation of the key concept of "compatriot". The earthquake caused a temporary blackout, damaged many buildings and closed a number of rural roads. Partner news | OSCE vows support for Armenia “in all three directions of security” Achieving stable peace between Armenia and Azerbaijan remains a priority of the OSCE, said Ian Borg. 151 detained as civil disobedience campaigns continue in Yerevan Citizens have been blocking streets in the Armenian capital, demanding Nikol Pashinyan’s resignation. IDBank issues 2nd tranche of dollar bonds of 2024 On May 13, 2024, IDBank placed registered coupon bonds under the abbreviation AMANLBB2PER9. Russia provides info about arrested Armenian ex-MP Russian law enforcement agencies have provided information about the arrest of Tigran Urikhanyan. |