Armenpress News Agency , Armenia
 Monday
Norduz-Meghri joint operation to increase Iran-Armenia trade turnover
YEREVAN, JULY 24, ARMENPRESS. The main purpose of the bill of the
joint operation of Norduz-Meghri gate is to launch perspective
economic agreements, expert on Iran Armen Israyelyan told a press
conference today.
“This relates to increasing of bilateral commercial turnover volumes
and implementation of various programs in the economic branch. The
joint operation of the Norduz-Meghri gate is aimed at the
implementation of transit cargo shipments, namely shipments en route
from the Persian Gulf to the Black Sea”, he said, adding that it will
also increase the investment appeal of both countries for
international investors.
The expert said a task force will be created for rapid customer
service in order to avoid double operations in border checkpoints and
swiftly carry out customs procedures.
“In addition, Armenia and Iran will exchange information on smuggling
cases, in order to rapidly solve the problems which might occur at the
border”, Israyelyan said.
He said a significant growth has been seen in the Iranian-Armenian
trade turnover in the recent years.
In 2016, the commercial turnover (non oil products) amounted 170
million dollars, compared to the 120-130 million of 2015.
“In the past couple of years a number of economic processes happened –
the visa regime was lifted between Iran and Armenia, the 500 dollar
insurance payment for inbound vehicles from Iran to Armenia was
revises and decreased to 90 dollars etc. This also contributed to the
development of tourism”, he said.