News ID: 263271
Published: 1210 GMT December 21, 2019

Armenia calls for expanding economic ties with Iran

Armenia calls for expanding economic ties with Iran

Armenian Ambassador to Iran Artashes Toumanian in a meeting with Iranian Minister of Labor, Cooperatives and Social Welfare Mohammad Shariatmadari voiced his country’s willingness to broaden economic and trade relations with Iran.

“My country intends to develop economic cooperation with the Islamic Republic of Iran,” Toumanian said, Fars News Agency reported.

During the meeting, the two sides exchanged views on signing and sealing a mutual cooperation deal in the future and also developing economic relations at different levels.

Shariatmadari, for his part, said that the two countries of Iran and Armenia have established age-old and longstanding relations, which date back many years.

A memorandum of understanding (MoU) was inked between the two countries in 2011 in the field of labor and social welfare, based on which it was agreed to set up a joint cooperation committee, he said, adding, “The draft of this cooperation document was previously submitted to the Armenian side and it is hoped that this document will be inked in the course of the upcoming visit of Armenian labor minister to the Islamic Republic of Iran.”

Moreover, the Eurasian Economic Union (EEU) can help develop economic cooperation between Iran and Armenia in the arena of economic activities as well, Shariatmadari added.

In October, Iranian Minister of Roads and Urban Development Mohammad Eslami and Armenia’s Deputy Prime Minister Mher Grigoryan in a meeting in Yerevan discussed mutual cooperation in the field of rail and road transportation.

During the meeting in the Armenian capital, the two sides agreed to establish a modeling committee to facilitate connecting rail and road infrastructures.

Eslami stressed the need for mutual transit cooperation on the Silk Road, Persian Gulf-Black Sea Corridor and North-South corridor.

Eslami also met with the Minister of Territorial Administration and Infrastructure of the Republic of Armenia Suren Papikyan. They discussed transportation and transit cooperation and development of infrastructure during the meeting.

The two ministers also called for the immediate finalization of the Persian Gulf-Black Sea Agreement.

Eurasia Transit Conference attended by representatives from Eurasia Economic Union member-states and regional countries was held in Yerevan in October.


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