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 If Turkish authorities do not legalize the trade turnover between Armenia and Turkey, Armenian businessmen will have to look for other markets, Arsen Ghazaryan, chairman of the Union of Manufacturers and Businessmen (Employers) of Armenia, told reporters in Yerevan, adding that with no diplomatic relations between Armenia and Turkey, trade turnover between the two countries amounts to $240 million.

“Industrial raw materials, building materials, machine equipment, machine equipment components are imported from Turkey. Goods are imported from Turkey by cars and trucks. Besides, there is suitcase trade with Turkey (clothes, building materials, etc.),” Mr Ghazaryan said, adding that, unfortunately, the turnover is in fact one-sided.

According to him, Armenian businessmen try to import some kinds of goods to Turkey with Georgian and Iranian documents, but these are rare cases.

“Turkish government in fact refuses to legalize trade turnover. How long can we be in unequal conditions?” he concluded.