The Armenian Minister reports on the first fuel imports from Azerbaijan in view of the historical decrease of the risk of war

On February 6th, Armenian Minister of Economy Geworg Papojan announced a significant development regarding trade between Armenia and Azerbaijan. He confirmed that two Armenian-produced goods – gasoline and diesel fuel – had successfully entered Armenia. Simultaneously, no Armenian goods had yet been exported to Azerbaijan.

During a press conference, the minister highlighted the current state of the two markets, describing them as largely unfamiliar to one another. He stressed that the growth of trade was primarily being propelled by private sector initiatives. The Armenian government, however, was playing a crucial role by fostering favorable conditions.

This support included the implementation of political agreements, the reconstruction of vital roadways, and the restoration of railway lines. The minister emphasized that despite considerable advancements, certain infrastructure projects remained under construction. Specifically, the direct railway connection, a key component of the TRIP project, was still in development and would become operational in the future.

Ultimately, the Armenian minister underscored that while progress was being made, continued investment and development were essential to fully realize the potential for trade between the two nations.

Topics: #armenian #minister #fuel

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