Government ban on Turkish imports 'applies only to finished goods'
The government-declared ban on the import of Turkish products applies only to finished goods, Armenia's minister of economy said today, dismissing consequent surges on the domestic market.
"We are not enforcing any restrictions on interim products or any goods which are used for organizing the manufacturing process," Tigran Khachatryan told reporters at the National Assembly.
As possible alternative for the domestic importers, Khachatryan suggested consideration of the Russian, Belarusian, Iranian or Chinese markets.
"I am sure that those who are engaged in the business themselves know well enough were to search for other options. That's to say, if they are not to import products made in Turkey, they are free to do it on other markets. That's a business decision which any entrepreneur will make, considering the existing alternative options," he said, noting that the decision applies to a limited quantity of goods.
"The available assessments suggest that there isn't virtually any product segment in which Turkish goods could have a predominant advantage. Hence no surge in prices is expected. Imports will be made from other markets to bridge the gap," Khachatryan said.
The Armenian government's temporary ban on Turkish products will be officially enter into effect starting from December 31, 2020. ՏՆՏԵՍՈՒԹՅՈՒՆ
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