ArmInfo. In all likelihood, the embargo on the import of Turkish goods, with rare exceptions, will be extended. This was stated by Deputy Prime Minister Mher Grigoryan, answering questions from parliamentarians in the National Assembly of Armenia.
In this context, he explained that the restrictions will not affect raw materials and components, in order to avoid creating problems for manufacturers, but will apply only to end-use products. The Deputy Prime Minister noted that he believes that the market will quickly adapt to this. If not, he did not rule out that the issue can be solved by means of subsidies within the framework of the 1st package of anti-crisis measures of the government.
"We will follow the situation a little, if we see that the restrictions affect the massive increase in prices, then we have a very simple solution and it does not consist in lifting the ban on the import of Turkish products," Grigoryan said. Recall that in October 2020, the decision of the Armenian government imposed a temporary ban on the import of goods of Turkish origin into the country. The ban came into force on December 31, 2020 for a period of six months. Meanwhile, it should be noted that brand stores of Turkish clothing and electronics brands continue to operate actively in Armenia. In all likelihood, they are not subject to the ban due to the fact that they are formally registered in third countries. Thus, the main burden of the embargo falls on small direct importers of building materials, auto parts and individuals who import a limited number of goods.