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Iran, Armenia To Form Economic Co-Op Matrix

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  • Iran, Armenia To Form Economic Co-Op Matrix

    IRAN, ARMENIA TO FORM ECONOMIC CO-OP MATRIX

    Moj News Agency
    November 18, 2008 Tuesday
    Iran

    Elaborating on his visit to Armenian vice president, Mahdi Ghazanfari
    said that lack of systematic information processing between the
    two countries` private sector is the main obstacle on the way of
    trade exchange between Iran and Armenia. Formation of economic
    matrix could remove the obstacle, Ghazanfari said. Also head of
    Trade Promotion Organization of Iran, he said that the matrix will
    undertake realization of MoUs signed between the two countries. Iran
    and Armenia are planned to boost cooperation in exports of technical
    nd engineering services, he said. Iran and Armenia annual trade
    exchange stands at $80 million which should be increased in near
    future, he added.
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