Armenia And Iran To Double Trade Turnover

ARMENIA AND IRAN TO DOUBLE TRADE TURNOVER

The Messenger, Georgia
July 18 2013

By Messenger Staff

Thursday, July 18
The Tehran Trade Industrial Chamber announced its desire to establish
intense trade relations with its neighboring countries, in particular,
with Armenia. Around 100 Armenian and 60 Iranian companies and
businessmen participated in the Armenian-Iran business forum recently
held in Erevan. Iran is considering the further increase of its trade
and transit operations in Armenia. Armenia could become a good partner
for Iran in terms of transiting its goods in to/out of CIS countries.

Currently, Iran-Armenian trade turnover is more than $300 million USD.

However, the parties plan to double this figure. Iran has invited
Armenian businessmen to enter Iran and start businesses there.

Eventually it should be considered that the increase of trade between
Iran, Armenia and other CIS countries will increase the significance
of Georgia as a transit route of such cooperation.

From: A. Papazian

Disclaimer: This article was contributed and translated into English by Andres-Papazian. While we strive for quality, the views and accuracy of the content remain the responsibility of the contributor. Please verify all facts independently before reposting or citing.

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