News ID: 278493
Published: 0244 GMT December 22, 2020

Tehran, Yerevan set to broaden trade ties: Envoy

Tehran, Yerevan set to broaden trade ties: Envoy

Iranian Ambassador to Armenia Abbas Zohouri said the two countries' senior officials are resolved to expand bilateral relations, adding that Armenian Economy Minister Tigran Khachatryan is to pay a visit to Tehran in early 2021.

Zohuri made the remarks while addressing a virtual conference on the development of Iran-Armenia economic cooperation, reported Fars News Agency.

He pointed out that a high-level economic delegation of Armenian companies and traders are scheduled to travel to Tehran.

"Improving economic relations with the neighboring countries is one of Iran's major policies," Zohouri added.

The diplomat also said that Armenia is one of the key markets for the import and exchange of goods between Iran and Eurasian countries because of the land border with Iran.

Iranian Energy Minister Reza Ardakanian said in November that closer cooperation with the Eurasian Economic Union (EAEU), stronger economic interaction and increased trade could prevent insecurity in the region.

In a video message to the “international conference of the EAEU and the geopolitical role of free trade zones in regional development,” he said Iran can play a significant role in strengthening cooperation within the EAEU.

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