Economy minister: Turkish capital has always been in Armenia

  News.am  
Armenia – Feb 3 2022

Turkish capital has always been in Armenia, Armenian Minister of Economy Vahan Kerobyan told reporters Thursday.

He noted the real estate sector as a respective example. And in order to know specific numbers, the minister called on the reporters to apply to the relevant department—and with a written inquiry.

"Armenia's economy has always been open for Turkey, except for in 2021. Armenian traders were in partnership with their Turkish partners ten years ago, too" he said.

Kerobyan added, however, that at present no bill was being drafted to prevent Turkish companies’ acquisition of Armenia's strategic facilities.

"Our task is not to shut the economy before anyone, but to strengthen it and increase competitiveness. We are doing it and we will do it. For example, in the form of support to the processing industry, by way of subsidizing the interest on loans for the purchase of equipment," concluded the Minister of Economy of Armenia.