Turkish-Armenian Business Development Council (TABDC) Co-Chairman Kaan Soyak said Tuesday that bilateral trade between Turkey and Armenia totaled USD 300 million, what is a success.

Noting that TABDC forecast USD 150 million turnover, Mr. Soyak said that the World Bank predicted this figure as USD 200 million.

He said that trade between Armenia and Turkey was carried out via third countries like Georgia and Iran, so it was hard to calculate an exact figure.