Thursday, November 21 2024 19:42
Alina Hovhannisyan

IranImport Group and Chabahar CFZ to start cooperation

IranImport Group and Chabahar CFZ to start cooperation

ArmInfo.Director of IranImport Group Telman Nalbandyan signed a memorandum of cooperation with Homeira Rigi, the Director of the Chabahar Free Trade Zone (CFZ). 

As stated in the company's message posted on its Facebook page,  Armenian entrepreneurs will gain new opportunities as a result of the  signing of the memorandum. They will be able to leverage the  infrastructure of the Chabahar port and the trade benefits of the  Iranian market.  , the  company said in a statement.

It should be noted that IranImport Group was founded in 2017 and  serves as an intermediary between Armenian and Iranian manufacturing  companies, facilitating bilateral relations. The company collaborates  with over 200 Iranian suppliers.  The company's mission is to enhance  trade relations between Armenia, Iran and Russia, eliminate trade  barriers and simplify the process of importing goods from Iran to  Armenia and Russia.  According to the RA Statistical Committee, from  January to September 2024, the trade turnover between Armenia and  Iran increased by 2.7%, reaching $520.6 million. During the same  period, exports grew by 7.7% to $81.2 million, while imports  increased by 1.8% to $439.4 million.