Wednesday, December 7 2022 12:05
Alina Hovhannisyan

Armenian-Iranian trade needs boosting - official 

Armenian-Iranian trade needs boosting - official 

ArmInfo.This January-October saw a 45.5% growth in the Armenian-Iranian trade,  Armenia's Deputy Minister of Economy Armen Arzumanyan stated at a  discussion on Armenian-Iranian business partnership prospects. The  participants discussed the strengthening of Armenian-Iranian business  ties and implementation of business projects of mutual interest. 

He stressed a need for developing efficient business cooperation. 

Armenia's Commercial Attache Vardan Kostanyan reported that an  Iranian trading center is expected open in Armenia soon, with over  100 Iranian companies to present their products. 

This January-October, Armenian-Iranian trade totaled $565.5mln - a  45.3% growth as compared with the corresponding period last year.  Exports totaled $19.7mln (an 82.4% growth), with imports totaling  $473.8mln (39.8% growth).    

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