Thursday, October 21 2021 19:00
Alina Hovhannisyan

Iranian industrial park to be established in Armenia

Iranian industrial park to be established in Armenia

ArmInfo.Iran is interested in cooperation with Armenia in the field of transport,  infrastructure, agriculture and high technologies. President of  Iran-Armenia Chamber of Commerce  Hervik Yarijanian stated this  during a meeting with Minister of Economy of Armenia Vahan Kerobyan.

As reported by the press service of the Ministry of Economy, speaking  about the problems that Iranian entrepreneurs face when supplying  goods to Armenia, the President of Iran-Armenia Chamber of Commerce  highlighted the inaccessibility of telephone communication between  the two countries, as well as the issue of the availability of  warehouses in Armenia. In this context, he stressed that the solution  of these problems will greatly facilitate the process and have a  positive impact on trade relations between the two countries.  Touching upon the issue of the availability of warehouses, Vahan  Kerobyan said that it is planned to create an Iranian industrial park  in Armenia, which will also have customs warehouses. The minister  proposed to discuss the possibilities of creating joint ventures that  will contribute to the development of this park.

In addition, Vahan Kerobyan noted the importance of organizing a  meeting for entrepreneurs of the two countries, which will allow  Armenian business to get acquainted with Iranian production and help  to enter the markets of the EAEU member states.

To note,, according to the RA Statistical Committee, the foreign  trade turnover between Armenia and Iran in January-August 2021 grew  by 15.3%, providing a volume of $ 297.8 million. At the same time,  exports decreased by 28.9% to $ 40.7 million, imports increased by  27.9% to $ 257.1 million