Readers will recall that we had the pleasure of spending time in the Armenian capital of Yerevan over the summer, where we spoke to a number of influential political and business figures including Prime Minister Tigran Sargsyan in preparing our “Armenia Intelligence Report”. One topic that continually cropped up was the closed border with Turkey to the West, and the negative effect this had on Armenia. Everyone we met agreed that, from an economic and infrastructure development viewpoint, improved relations with Turkey could only be a good thing.
As part of the new agreement, which has yet to be officially ratified, the border – which has been closed since 1993 – may be reopened. It is believed that currently dormant projects in areas such as road, rail and energy will be revived by this new spirit of cooperation between the two countries.