Wednesday, November 9 2022 12:20
Naira Badalian

Yerevan, Tehran reaffirm their intention to bring bilateral trade  turnover up to $3bln 

Yerevan, Tehran reaffirm their intention to bring bilateral trade  turnover up to $3bln 

ArmInfo. Yerevan and Tehran have reaffirmed their intention to bring the bilateral trade turnover up to $3bln.  

During their working visit to Iran, Armenia's Minister of Finance  Tigran Khachatryan and Deputy Minister Avag Avanesyan held meetings  with Iranian Vice-President Masoud Mir Kazemi, Minister of Economic  and Financial Affairs Ehsan Khandozi and a number of high-ranking  officials. 

At their meeting on November 8, Mr Khachatryan and Ehsan Khandozi  highlighted the importance of accomplishing priority economic tasks,  particularly bringing the annual bilateral trade turnover up to $3bln  and bilateral commodity exchange up to 5mln tons, as well as  simplifying and developing financial, banking and customs relations. 

Minister Khachatryan described the discussions with the Iranian  partners constructive and highlighted the importance of consistent  development of Armenian-Iranian relations. The long-standing  Iranian-Armenian political and economic ties are the basis of all the  bilateral negotiations, he said. 

The Minister recalled a 25% growth in the bilateral trade turnover  last year, and this figure is expected to reach 40% this year. 

In his turn, Minister Ehsan Khandozi pointed out that the Iranian  government is closely following the neighboring states' economic  policies, with a focus on the Caucasus. 

"I hope that this government will be the one to accomplish the task  of bringing the bilateral turnover up to $3bln, which the Iranian  president and the Armenian premier discussed at their meeting," he  said.