TODAY.AZ / Business

Iran–Armenia to boost its trade cooperation

25 August 2006 [19:13] - TODAY.AZ
Iran-Armenia's shared chamber of commerce manager noted that the 200 million dollar trade figure between the two countries illustrated that 17 percent of the products imported to Armenia were from Iran.

"The commercial ties between Iran and Armenia have shown a good progress. We started with 20 million dollars and now we have reached 200 million dollars," he commented.

This official also among reporters commented that the noted 17 percent has the ability to reach 40 percent, but this required that Iran introduced its industrial and production capacities and potentials to Armenia.

"Iranian merchants through identifying the requirements of the market must open a good placing for Iran in CIS markets," he said.

This official also gave news on the inauguration of new Iranian trade center in Armenia and hoped the at hand obstacles would be removed through the cooperation of both sides.



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