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Tehran Hosts Conference On Investments In Armenia

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  • Tehran Hosts Conference On Investments In Armenia

    TEHRAN HOSTS CONFERENCE ON INVESTMENTS IN ARMENIA

    Tehran Times
    Feb 10 2010
    Iran

    TEHRAN - Iran started an international conference on trade and
    investment opportunities in Armenia on Tuesday.

    In this two-day event the Armenian chief economic advisor to the
    president and the Armenian minister of transportation are present,
    the Islamic Republic of Iran News Network reported.

    In addition, Iranian acting deputy for economic affairs of the Foreign
    Ministry, as well as the director of the Trade Development Organization
    has taken part.

    The Iranian official said that the current $200 million trade balance
    between the two countries should improve significantly.

    Amir-Mansour Borqei stated that Tehran and Yerevan have common
    historical relations which can lead to all-out and stable cooperation
    in economic, social and political fields between the two countries.

    He added that the two sides are committed to further boost the
    currently growing ties between the two countries in activities such
    as peaceful use of nuclear energy and human rights.

    The Iranian official said that a mutual bank should be established
    between Iran and Armenia, adding the road and rail connections of
    the two must be developed.

    Meanwhile, the Armenian chief economic advisor to the president said
    that the main objective of the conference is to enhance the activities
    of the private sector.

    Vahram Nercissiantz pointed out that his country is keen on expanding
    relations with Iran, and stated that the two sides must make efforts
    to remove any obstacles hindering trade and investments.

    He stated that his government is currently working on developing
    ties in the fields of road and rail transportation, transmission of
    electricity and a gas pipeline.

    Nercissiantz noted that 4.6 percent of the imported goods in Armenia
    come from Iran.
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