PanARMENIAN.Net - Armenian Minister of Economy Vahan Kerobyan and Iran’s Minister of Industry, Mining and Trade Alireza Razm Hosseini signed a memorandum of understanding on Saturday, January 23, the Economy Ministry reports. Kerobyan said later that based on negotiations with the Iranian envoy to Armenia, both countries are willing to augment trade to $1b within six months, Irna reports.
Speaking at the meeting in Tehran, Razm Hosseini put Iran’s exports to Armenia at about $300 million and noted that the signing of this MOU will be a great step towards improving the level of trade between the two neighbors, according to Tehran Times.
Heading a trade delegation, Kerobyan arrived in Tehran on Friday to discuss the expansion of trade relations between the two countries. Speaking on the sidelines of the signing ceremony, Razm Hosseini put Iran's exports to Armenia at about $300 million and noted that the signing of the MoU will be a great step towards improving the level of trade between the two neighbors, tehran Times says.
Pointing to Armenia’s posi...
