Friday, September 2 2022 12:24
Naira Badalian

Armenian-Iranian business forum was held in Yerevan

Armenian-Iranian business forum was held in Yerevan

ArmInfo.Yerevan hosted an Armenian-Iranian business forum, which was attended by  representatives of the business segment and the Chamber of Commerce  and Industry of East Azerbaijan Province of the Islamic Republic of  Iran (IRI), headed by its governor. The Iranian business delegation  was represented by entrepreneurs operating in the food industry,  dairy production, footwear, building materials, carpet weaving, etc.

As Deputy Minister of Economy of Armenia Armen Arzumanyan told  journalists on the sidelines of the forum, the business delegation of  the region arrived in Armenia at the invitation of Minister Vahan  Kerobyan. Stressing that the event is held to stimulate Iranian  investments, search for new markets for Armenian producers, the  Deputy Minister emphasized the importance of increasing the  representation of the latter in Iran, which is a historically  important market for Armenia. In this regard, he said that the  Ministry of Economy plans to create an ecosystem to support the  export of Armenian products to the Iranian market.

"The trade turnover between Armenia and Iran is growing steadily  every year, but we expect more intensive growth, for which the  Ministry of Economy is trying to create all the necessary  prerequisites," Arzumanyan said, noting that there are numerous areas  for expanding the scope of bilateral cooperation.  

Zeinolabedin Khorram, Governor of East Azerbaijan Province of Iran,  noted that the main purpose of his visit to Armenia is to increase  the volume of exports to Armenia. Noting that there are certain  problems in the customs area, the head of the province attached  importance to resolving these issues in order to carry out unhindered  trade. In addition, he announced plans regarding the construction of  industrial and high-tech parks in Armenia.  

Ambassador of the Islamic Republic of Iran to Armenia, Abbas  Badakhshan Zohouri, noted that the province may be of interest to the  Armenian business for its construction raw materials, energy and  transport sectors, agriculture, and agro-industry. According to him,  the province of East Azerbaijan of Iran is one of the strongest  regions of Iran in the context of economic potential.  

It should be noted that according to the RA Statistical Committee,  the foreign trade turnover between Armenia and Iran in January-June  2022 increased by 37.3%, providing a volume of $307.7 million. At the  same time, exports increased by 75.9% to $57.9 million, with an  increase in imports by 30.6% to $249.8 million. Iran ranks 3rd among  Armenia's trade partner countries.

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