ArmInfo. US sanctions against Iran can not have a significant impact on the Armenian economy, Acting Minister of Economic Development and Investments of Armenia Tigran Khachatryan expressed an opinion at a press conference on November 23.
He explained that the trade turnover between Armenia and Iran is not as much significant , that is why sanctions cannot have a serious impact on Armenia even in the short term.
"Yes, we believe that Armenia has great potential in trade relations with Iran, but despite this, so far, unfortunately, there has not been proper fulfilment of this potential," he concluded.
To note, according to the data of the RA Statistical Committee, in January-September 2018, the trade turnover between Armenia and Iran amounted to $ 255 million with an increase of 32.1%. In particular, exports increased by 16.5% to $ 73.1 million, while imports grew by 39.6% to $ 181.9 million.
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