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Armenia To Double Trade Exchanges With Iran

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  • Armenia To Double Trade Exchanges With Iran

    ARMENIA TO DOUBLE TRADE EXCHANGES WITH IRAN

    Tasnim news agency , Iran
    Dec 15 2014

    Tehran, 15 December: Armenian Energy and Natural Resources Minister
    Yervand Zakharyan, who is on an official visit to Iran, said that
    Yerevan is determined to double the value of its trade ties with
    Tehran.

    Currently, the value of the annual trade between Iran and Armenia
    amounts to 300 million dollars, Zakharyan told reporters on the
    sidelines of the 12th session of the two countries' joint economic
    commission in Tehran on Monday [15 December].

    "We plan to double the figure (value of annual trade) through mutual
    cooperation between the two countries," he added.

    Zakharyan said that Armenia attaches great significance to its
    relations with Iran, which would be in line with the interests of
    the two countries.

    The Armenian minister also commented on the construction of a
    hydroelectric power station in Armenia's southern town of Meghri,
    in a bid to increase the potential for energy exchange with Iran and
    expressed the hope that proper measures for the construction would
    start soon.

    He also said the third line for high voltage electricity transmission
    from Armenia to Iran would become operational by 2018, adding that
    the project would increase the power exchange by two to three times.

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