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Iran Offers Armenia To Create A Free Trade Zone

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  • Iran Offers Armenia To Create A Free Trade Zone

    IRAN OFFERS ARMENIA TO CREATE A FREE TRADE ZONE

    Lragir, Armenia
    July 18 2007

    The head of the department of economic cooperation of the Iranian
    foreign ministry Seyed Mahdi Mirubutalebi stated in Yerevan that his
    country offers Armenia to create a free trade zone, ARKA reported.

    Mirutalebi voiced concern that the lowest level of trade is with
    Armenia. He said a change is necessary. "Iran and Armenia have a
    high-level political cooperation, whereas the economic component is
    much weaker. The governments of both countries state it is necessary to
    boost trade but there are no tangible results," the Iranian official
    stated. He thinks the governments should negotiate and make steps
    towards boosting trade to one billion dollars. Therefore, Iran offers
    Armenia to create a free trade zone.
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