The Armenian government is currently trying to assess the possible results of opening the border with neighboring Turkey. This was stated by the Minister of Economy, Gevorg Papoyan, during the debates on the 2026 state budget draft of Armenia at the joint meeting of the standing committees of the National Assembly on Tuesday.

“This time, we are assessing what economic impact the opening of the Armenian-Turkish border will have on trade turnover—what goods could be imported, what could be exported, and so on. There is awareness, there is [ongoing] work, but this is also a process that we must learn,” Papoyan added.

According to the economy minister’s forecasts, in potential terms, Armenian-Turkish trade could reach 700 to 800 million US dollars per year.

He noted that Armenia will essentially be able to import from Turkey, at more affordable prices, such products as pharmaceuticals, electrical equipment, and raw materials for local production. At the same time, Armenia will be able to export locally produced goods to Turkey.

“However, our most important gain is that Armenia will be able to use Turkish ports, especially [those on] the Mediterranean. For this, it is necessary, on the one hand, to have the shortest and most direct route through the Margara checkpoint, and on the other hand, through Georgia and [some] other countries,” the Armenian minister of economy noted.