Tuesday , January 19 2021
Breaking News
Home / Uncategorized / Iran to open trade center in Armenia to trigger exports
Iran to open trade center in Armenia to trigger exports

Iran to open trade center in Armenia to trigger exports

TEHRAN: Iran will open trade center in Armenia soon to trigger exports, Member of directors’ board of Iran-Armenia chamber of commerce, Hervik Yarijanian, has announced in his recent press conference.

According to him, the trade development center would become a place to export Iranian products to countries such as Georgia and Russia.

“There is a train station next to this center which can easily and economically export Iranian productions to the target countries or even to Europe,” he said.

According to him, the trade transactions between Iran and Armenia currently stand at 340 million dollars, with Iran’s trade balance being positive. Armenia is a consumer of Iran’s food products including beef, chicken, and shrimp as well as other products.

Yarijanian also noted the private sectors of Iran and Hungary would soon establish a joint enterprise to further increase the level of trade relations between the two countries.

Presently, the level of trade transactions between Iran and Hungary stands at 40 million dollars. It is predicted this figure will reach 100 million dollars by September 2015. The trade balance for Iran is positive.