Wednesday, March 20 2024 11:23
Alina Hovhannisyan

Iran interested in cooperating with Armenia in mining industry 

Iran interested in cooperating with Armenia in mining industry 

ArmInfo. Iran is interested in cooperation with Armenia in the mining industry, Deputy Minister of  Territorial Administration and Infrastructures of Armenia Hovhannes Harutyunyan and the Ambassador of the Islamic Republic of Iran to Armenia Mehdi Sobhani stated following their meeting. 

In particular, the Ambassador of Iran inquired about the  possibilities of the mining industry in Armenia, the extraction of  copper, gold, molybdenum, polymetals, challenges in this industry,  mine operation procedures, investment instruments and existing risks.

In this regard, the Deputy Minister pointed out the high potential  for cooperation with the Iranian side in the mining industry. He said  that the action plan of the Mining Industry Development Strategy  includes all the priorities of the institutional development of the  industry, attaching importance to each of them.  Harutyunyan noted  that the development of the mining industry, in addition to being an  important component of the economy, should not lead to environmental  pollution. Speaking about sectoral priorities, the Deputy Minister  highlighted geological research, since most of it was carried out  during the Soviet period.

Following the meeting, the parties agreed to continue discussions on  this topic.