News ID: 279164
Published: 0309 GMT January 06, 2021

Armenian trade delegation to visit Iran

Armenian trade delegation to visit Iran
IRNA

A high-ranking trade delegation headed by Armenia’s Economy Minister will visit Iran in the coming days, said the deputy head of Iran’s Trade Promotion Organization (TPO).

Mojtaba Mousavian said the visit is organized by the Iranian Foreign Ministry in collaboration with the Industry, Mine, and Trade Ministry, IRNA reported.

Negotiations on the development of trade, the inclusion of more commodity items in the free trade agreement with the Eurasian Economic Union (EAEU), banking cooperation as well as cooperation for investment in Aras and Moghri free zones, and holding a special exhibition of Iranian goods in Yerevan are among the goals of this trip, the official said.

“The Armenian trade delegation also has plans to visit several production and industrial centers in Iran to explore capacities for joint production and export of products to other countries,” Mousavian added.

Behrouz Olfat, the TPO director of the Europe and America Department, said on Tuesday that the establishment of an X-ray monitoring system at Norduz border terminal, in northeastern East Azarbaijan Province will help avoid unnecessary delays of export cargoes to Armenia at this terminal as well as reduce the smuggling of goods across the border.

According to Olfat, the volume of Iranian exports to Armenia in 2019 was more than $330 million, with fuel and oil products accounting for 29 percent and cement and clinker accounting for 20 percent of the total exports.

Steel and steel products, plastics, fruits and vegetables, ceramics, glass products, chemicals, and fertilizers were also among the exported items to Armenia in 2019.


 

   
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