Iran Seeks Trade Expansion in Armenia, Other South Caucasus States

May 31 2022

In recent months, Iran has engaged in active foreign policy in the South Caucasus to push its geo-economic interests forward.

Iran’s Finance and Economic Minister headed a delegation to Yerevan in April to meet Armenian officials and negotiate with the Armenian side over trade. The Iranian side argued that there is still great potential for expansion of bilateral cooperation and increasing annual trade between both sides to $1 billion.

The minister said that the Iranian side attaches great importance not only to the development of trade with Armenia but also considers it as a “gateway” to the markets of Russia and other Eurasian Economic Union (EAEU) member countries.

Disclaimer: This article was contributed and translated into English by Emil Lazarian. 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.

Direct link to this article: https://www.armenianclub.com/2022/06/06/iran-seeks-trade-expansion-in-armenia-other-south-caucasus-states/

Emil Lazarian

“I should like to see any power of the world destroy this race, this small tribe of unimportant people, whose wars have all been fought and lost, whose structures have crumbled, literature is unread, music is unheard, and prayers are no more answered. Go ahead, destroy Armenia . See if you can do it. Send them into the desert without bread or water. Burn their homes and churches. Then see if they will not laugh, sing and pray again. For when two of them meet anywhere in the world, see if they will not create a New Armenia.” - WS