Saturday, February 22 2025 12:24
Alina Hovhannisyan

Armenia, Iran discuss possibility of creating joint industrial zones  in Armenia

Armenia, Iran discuss possibility of creating joint industrial zones  in Armenia

ArmInfo. Deputy Minister of  Economy of Armenia Edgar Zakaryan met with Dehghan Dehnavi, Deputy Minister of Industry, Mining and Trade of Iran and Head of the Trade Promotion Organization.  The meeting took place as part of Zakaryan's working visit to Iran to participate in the third international  exhibition "Eurasia".

As reported by the press service of the department, the parties  discussed the prospects for increasing bilateral trade turnover,  investment opportunities, and cooperation in creating joint  industrial zones in Armenia.

According to the source, the opening of the "Eurasia" exhibition was  also attended by Armenian Ambassador to Iran Grigor Hakobyan.   Iranian President Masoud Pezeshkian and several high-ranking  officials from the EAEU countries delivered welcoming remarks.  It  should be noted that according to the RA Statistical Committee, the  foreign trade turnover between Armenia and Iran in 2024 amounted to  $737.4 million, with an annual growth of 6.5%. Specifically, exports  increased by 14.5% to $108.3 million, while imports gew by 5.2% to  $629.2 million.