Oct 23, 2023, 8:41 PM
News ID: 85268467
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Iran calls for enhancing economic exchanges with Armenia

Oct 23, 2023, 8:41 PM
News ID: 85268467
Iran calls for enhancing economic exchanges with Armenia

Tehran, IRNA – Iran’s Minister of Road and Urban Development Mehrdad Bazrpash in a meeting with Minister of Economy of Armenia Vahan Kerobyan has called for increasing economic exchange between the two countries.

Bazrpash met and held talks with Kerobyan in Yerevan on Monday.

Referring to the bilateral relations between Tehran and Yerevan, Bazrpash said that the amount of economic exchanges between the two countries can be increased to three times more likely.

He added that constructive efforts are being taken to complete and enhance the volume of transportation in the north-south corridor from Romania to India, and Armenia needs to take proper action to take advantage of the benefits of this corridor.

Armenia should provide guarantees and facilities to Iranian companies to develop cooperation, he noted.

Kerobyan, for his part, referred to the Middle East issues and described the India-Iran-Armenia corridor as significant.

Pointing to the signing contract for completing the North-South corridor in Armenia with two Iranian companies, he underlined that the signed contract is the largest one in terms of volume with the Iranian side.

He added that two years of negotiations have been made to reach a contract between the two sides.

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