Baku: Azerbaijan has supplied 20,000 tons of oil products to Armenia over the past year, marking a notable development in the trade relations between the two countries. This trade move comes in the wake of Azerbaijan unilaterally lifting all transit restrictions on Armenia, an action that aligns with the commitments made during the White House peace summit.

According to Azeri-Press News Agency, the Joint Statement from the United States of America, the Republic of Armenia, and the Republic of Azerbaijan highlights the impact of the peace summit held at the White House a year ago. The statement reveals that in addition to the oil products, nearly 60,000 tons of goods have been transported between the two nations through Azerbaijan over the past year.

The joint statement underscores the ongoing efforts of Armenia and Azerbaijan to enhance their bilateral trade, reflecting a positive shift in their economic interactions. The lifting of transit restrictions and the subsequent increase in goods transportation signify a step towards improved relations between the neighboring countries.