Increase trade between Iran and Armenia by signing a joint memorandum of cooperation

Increase trade between Iran and Armenia by signing a joint memorandum of cooperation
  • 2021-01-24
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Speaking to reporters, our Minister of Industry, Mines and Trade said that the signing of a memorandum of understanding with Armenia has increased trade between the two countries.

According to the International Iranian Stone Exhibition, Alireza Razm Hosseini, after signing a memorandum of understanding with Armenia on the development of bilateral cooperation, stated: "Iran's exports to Armenia are about $ 300 million, and the signing of this memorandum will help to increase this figure."

He called Armenia one of the Eurasian countries and added: "We have a positive assessment of trade with Eurasia and according to the President, negotiations for joining Eurasia should be held on a permanent basis, in which Armenia can help to develop relations."

The Minister of Industry, Mines and Trade declared the fields of mines, food and home appliances as suitable opportunities for the two countries' businessmen to develop mutual cooperation.

Government support for the private sector of the two countries to expand trade relations

Razm Hosseini also clarified: the government will support the private sector of the two countries to develop relations and trade in goods with economic justification.