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Iran, Armenia Finalize Banking/Insurance MOUs

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  • Iran, Armenia Finalize Banking/Insurance MOUs

    IRAN, ARMENIA FINALIZE BANKING/INSURANCE MOUS

    Moj News Agency
    April 14 2009
    Iran

    The agreement was made at a meeting between Iranian Economic and
    Financial Affairs Minister Shamsedin Hosseini and Armenian Energy
    Minister Armen Movsesian in Tehran. The two sides also emphasized on
    expansion of economic ties especially in energy, oil and gas fields,
    as well as in technical and engineering services export. Referring
    to the two countries` remarkable cooperation in energy, oil, gas
    and electricity sectors, Hosseini said that "Armenia is one of the
    countries which enjoy satisfactory ties with Iran and we try to expand
    bilateral ties in infrastructural sectors." Armen Movsesian, for his
    part, voiced hope for launch of a credit line by Export Development
    Bank of Iran to cover the two countries` economic and commercial
    ties.
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