Armenia and Azerbaijan are engaged in discussions about the potential export of various products from Armenia to Azerbaijan, as confirmed by Armenia's Minister of Economy, Gevorg Papoyan.
Papoyan provided details on the specific items under consideration for export, which include aluminum foil, raw aluminum foil materials, ferromolybdenum, pets, brandy raw materials, cigarettes, and textiles in an interview with Factor.am.
Papoyan highlighted that Azerbaijani companies have shown interest in importing certain products from Armenia. He further revealed that the Azerbaijani side had submitted a list of preferred products, and Armenia had responded with the quantities they are prepared to export. The Armenian export list also features roses and greenhouse products, including tomatoes and peppers. Additionally, the Armenian side has provided an approximate price for these goods.
Although the Minister of Economy did not specify the exact timeline for the first export, he noted that the process would proceed once agreements are reached between Armenian and Azerbaijani companies.
In a related development, Armenia is also in the process of importing petroleum products from Azerbaijan. The second batch of oil products, comprising 7,600 tons—6,100 tons of gasoline and 1,500 tons of diesel fuel—has been transported to Armenia. This follows an earlier import of 1,200 tons of high-quality gasoline. The companies handling the import are reportedly connected to prominent political figures, including Communist Party MP Khachatur Sukiasyan and former Republican Party MP Samvel Aleksanyan.
These negotiations signal a step forward in trade relations between the two countries, as they explore new avenues for economic cooperation.
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Iran says it is open to talks with countries seeking safe passage through the Strait of Hormuz - disrupted by recent attacks - as Israel continues to launch wide‑scale strikes on Iranian infrastructure in the west. This live report tracks the latest developments.
Top U.S. and Chinese economic officials launched a new round of talks in Paris on Sunday (15 March) to resolve issues in their trade truce. The discussions aim to smooth the way for U.S. President Donald Trump’s visit to Beijing to meet Chinese President Xi Jinping at the end of March.
The process of evacuating foreign diplomats and citizens from Iran to Azerbaijan through the Astara state border crossing continues on Sunday (15 March), ensuring smooth and efficient transit for those arriving.
Start your day informed with AnewZ Morning Brief. Here are the top news stories for the 15 March, covering the latest developments you need to know.
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A widening conflict involving Iran, the United States and Israel has triggered escalating military strikes across the Middle East, disrupted shipping through the strategic Strait of Hormuz and raised concerns over global energy supplies. This live report tracks the latest developments.
Iran says it is open to talks with countries seeking safe passage through the Strait of Hormuz - disrupted by recent attacks - as Israel continues to launch wide‑scale strikes on Iranian infrastructure in the west. This live report tracks the latest developments.
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Iran says it is open to talks with countries seeking safe passage through the Strait of Hormuz - disrupted by recent attacks - as Israel continues to launch wide‑scale strikes on Iranian infrastructure in the west. This live report tracks the latest developments.
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