Armenian Minister Reports First Fuel Imports From Azerbaijan Amid Historic Drop In War Risk

| News, Politics, Armenia

On February 6, Gevorg Papoyan, the Minister of Economy of Armenia, stated that two Azerbaijani-origin goods (gasoline and diesel fuel) have entered Armenia, while no goods of Armenian origin have yet been exported to Azerbaijan.

During a press conference, Gevorg Papoyan explained that both markets remain relatively unfamiliar with each other, noting that trade development is largely driven by the private sector, while the state facilitates conditions through political agreements, the opening of roads, and the restoration of railways.

He emphasized that while significant progress has been made, some infrastructure, such as a direct rail link under the TRIP project, is still under development and expected to be completed in a few years. The Armenian Minister of Economy highlighted that, although direct communication routes exist and have been opened, they are not yet fully utilized for transporting goods through Armenia to Turkey or vice versa.

He described the process as long and complex, contrasting the current focus on trade and economic benefits with the situation two years ago, when the risk of war dominated discussions. Papoyan stated, "Talking about peace, not war, is already excellent. Talking about the benefits of peace is a very good conversation, which we need to intensify to maximize the benefits".

He added that the most significant result of recent developments is that the probability of war has fallen close to zero, whereas two years ago it was very high. He stressed that trade between Armenia and Azerbaijan, though still limited, marks a major step forward in bilateral relations. On the topic of Turkey, Gevorg Papoyan noted that it is Armenia’s largest neighbor economically and highlighted the potential for opening the border, stating, "I hope there will be positive news on this matter soon".

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