SPUTNIK
Jan 1 2021
Armenia’s 6-Month Ban on Import of Turkish Goods Enters Into Force
© Sputnik / Anton Denisov
06:55 GMT 01.01.2021Get short URL
YEREVAN (Sputnik) – Armenia’s temporary six-month ban on import of goods having Turkish origin takes effect on Friday.
Yerevan announced the decision to restrict imports from Turkey on 20 October, citing security concerns linked to Ankara’s open support of “Azeri aggression against Republic of Artsakh,” known internationally as Nagorno-Karabakh.
Restrictions will not apply to products intended for intermediate consumption or needed for production of Armenian goods.
According to the economy ministry, the ban will not lead to an increase in prices in the country as Turkish goods are not dominant in any product segments, and Armenian entrepreneurs will be able to replace Turkish imports with Russian, Belarusian, Iranian or Chinese goods.
Disclaimer: This article was contributed and translated into English by Garo Vardanian. While we strive for quality, the views and accuracy of the content remain the responsibility of the contributor. Please verify all facts independently before reposting or citing.
Direct link to this article: https://www.armenianclub.com/2021/01/02/armenias-6-month-ban-on-import-of-turkish-goods-enters-into-force/