Iran, Armenia Finalize Banking/Insurance MOUs

IRAN, ARMENIA FINALIZE BANKING/INSURANCE MOUS

Moj News Agency
April 14 2009
Iran

The agreement was made at a meeting between Iranian Economic and
Financial Affairs Minister Shamsedin Hosseini and Armenian Energy
Minister Armen Movsesian in Tehran. The two sides also emphasized on
expansion of economic ties especially in energy, oil and gas fields,
as well as in technical and engineering services export. Referring
to the two countries` remarkable cooperation in energy, oil, gas
and electricity sectors, Hosseini said that "Armenia is one of the
countries which enjoy satisfactory ties with Iran and we try to expand
bilateral ties in infrastructural sectors." Armen Movsesian, for his
part, voiced hope for launch of a credit line by Export Development
Bank of Iran to cover the two countries` economic and commercial
ties.

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