Armenia introduces temporary embargo on imports of Turkish goods

ArmInfo. The Ministry of Economy of the Republic of Armenia has developed a bill according to which a temporary ban is introduced on the import of Turkish- made  goods into the territory of Armenia. This is stated on the website of  the RA government.

According to the source, this decision will enter into force on  December 31, 2020. The restrictions are provided for a period of 6  months.

The justification of the bill states that the temporary ban on the  import of goods of Turkish origin is of an economic nature, but  nevertheless, it presupposes, first of all, a security component,  since it is already a fact that Turkey openly supports Azerbaijan in  the military and terrorist actions unleashed against Artsakh.

"The Turkish authorities are undermining stability in the region, the  process of peaceful settlement of the Nagorno-Karabakh conflict and  the efforts of the OSCE Minsk Group co-chairs by their provocative  appeals, the supply of weapons to Azerbaijan, the transfer of  mercenary terrorists," the document says.

It should be noted that according to the RA Statistical Committee, in  2019, the import of Turkish goods into the territory of Armenia grew  by 6.1% year on year to $ 268 million. According to the results of 8  months of 2020, Armenia reduced imports of goods of Turkish origin by  14.2% to $ 139.1 million.