Armenia, Turkey business relations

On November 22-23 Yerevan hosted the Armenia-Turkey business forum. More than 50 Turkish businessmen arrived in the capital of Armenia. The Armenian side expressed its hope that Turkey would evaluate the situation and will open the border which had been closed for more than 18 years. Despite the closed borders between the countries trade turnover between them currently reached USD 300 mln. There are shops in Armenia where Turkish products are sold, presumably there is the possibility that Armenian shops are open in Turkey as well. Armenian lorries received the right from August 2011 to enter Turkey, which was positive for Armenia.