Armenia’s Acting Minister of Economy Vahan Kerobyan received Iranian Minister of Roads and Urban Development Mohammed Eslami and his delegation, arrived in Armenia on a working visit.

Iranian Ambassador to Armenia Abbas Badakhshan Zohouri also attended the meeting.  

Welcoming the guests, Kerobyan said Armenia and Iran have formed firm partnering relations in the field of economy, noting that the Armenian side is interested in expanding the mutually beneficial cooperation and commercial relations with Iran, as well as taking practical steps to implement the agreements reached.

In his turn, Eslami thanked for the meeting, reaffirmed the readiness of the Iranian side to implement initiatives contributing to deepening the economic ties, and expressed confidence that the great cooperation potential existing between Armenia and Iran can be used for the implementation of the joint programs of the Armenian and Iranian companies.  

A wide range of issues of mutual interest were discussed during the meeting, including investment attraction, construction of an industrial settlement with the participation of the Iranian side, improvement of logistics infrastructure, simplification and regulation of procedures in the cargo transportation process, as well as rates for Iranian transit cargo through Armenia.

The sides also discussed the launch of new direct flights between Armenia and Iran, which, they said, will boost tourism.

Kerobyan noted that there is a readiness in both sides to register practical results and hoped that the agreements, which were reached at the meeting, will contribute to the rise of the bilateral trade and transit cargo transportation. For this purpose, the two ministries signed a memorandum of understanding according to which a joint working group will be formed to examine the procedures obstructing the trade-economic relations and present proposals over them.  

Acting Minister Kerobyan and Iranian Minister Mohammed Eslami signed the document.