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IRANIAN TRADE AND INVESTMENT AGENCY TO OPEN ITS BRANCH IN ARMENIA
PanARMENIAN.Net
October 15, 2010 - 15:59 AMT 10:59 GMT
Investors Servicing Director of the Armenian Development Agency Valery
Shabanov said that the Armenian-Iranian business forum will serve as
a new impetus for boosting the bilateral relations.
An Iranian delegation of 22 companies dealing with various fields
arrived in Yerevan to participate in the forum. The delegation
includes representatives of the industrial field, who will meet with
representatives of Armenian companies, as well as the RA Ministries of
Energy, Agriculture, Transport and Communication, Urban Development,
Economy, Armenian Chamber of Commerce and Industry and Armenian
Development Agency (ADA).
Currently Iran is the second after Russia (1000 companies) by the
number of enterprises with Iranian capital (818 companies) in Armenia,
Shabanov said in his opening remarks. "There are favorable conditions
in our country for unhindered inflow of Iranian investments, as the
Armenian authorities pursue a free economic policy with liberal laws,"
he said. He noted that the Armenian Diaspora of Iran also contributes
to the development of bilateral relations.
Referring to expansion of trade and economic ties, Valery Shabanov
noted that there is a great potential, which needs to be facilitated.
The trade turnover between Armenia and Iran amounted to USD 153mln in
2009, out of which 134mln makes the share of import, while USD 19mln
- export. Aluminum, iron, steel, organic and non-organic components
were exported from Armenia to Iran. While plastics, items made of it,
glass, etc were imported from Iran to Armenia.
Representative of the Iranian Trade and Investment Agency, Director of
ENN simplex Seyed Babaei noted that the visit of the Iranian delegation
is aimed not only at promoting Iranian products in the Armenian market,
but also at briefing Armenian entrepreneurs on Iranian investments.
According to Babaei, he arrived in Yerevan to secure implementation
of agreements reached earlier, as the Armenian side had complained
of non-fulfillment of obligations shouldered by the Iranian side.
He added that Armenia with its big investment potential can become a
trade-economic bridge that unites neighboring countries, specifically,
Russia and Georgia. Seyed Babaei stressed that there are favorable
conditions in Armenia for business, due to which the Iranian Trade
and Investment Agency is going to establish its branch here.
From: A. Papazian
PanARMENIAN.Net
October 15, 2010 - 15:59 AMT 10:59 GMT
Investors Servicing Director of the Armenian Development Agency Valery
Shabanov said that the Armenian-Iranian business forum will serve as
a new impetus for boosting the bilateral relations.
An Iranian delegation of 22 companies dealing with various fields
arrived in Yerevan to participate in the forum. The delegation
includes representatives of the industrial field, who will meet with
representatives of Armenian companies, as well as the RA Ministries of
Energy, Agriculture, Transport and Communication, Urban Development,
Economy, Armenian Chamber of Commerce and Industry and Armenian
Development Agency (ADA).
Currently Iran is the second after Russia (1000 companies) by the
number of enterprises with Iranian capital (818 companies) in Armenia,
Shabanov said in his opening remarks. "There are favorable conditions
in our country for unhindered inflow of Iranian investments, as the
Armenian authorities pursue a free economic policy with liberal laws,"
he said. He noted that the Armenian Diaspora of Iran also contributes
to the development of bilateral relations.
Referring to expansion of trade and economic ties, Valery Shabanov
noted that there is a great potential, which needs to be facilitated.
The trade turnover between Armenia and Iran amounted to USD 153mln in
2009, out of which 134mln makes the share of import, while USD 19mln
- export. Aluminum, iron, steel, organic and non-organic components
were exported from Armenia to Iran. While plastics, items made of it,
glass, etc were imported from Iran to Armenia.
Representative of the Iranian Trade and Investment Agency, Director of
ENN simplex Seyed Babaei noted that the visit of the Iranian delegation
is aimed not only at promoting Iranian products in the Armenian market,
but also at briefing Armenian entrepreneurs on Iranian investments.
According to Babaei, he arrived in Yerevan to secure implementation
of agreements reached earlier, as the Armenian side had complained
of non-fulfillment of obligations shouldered by the Iranian side.
He added that Armenia with its big investment potential can become a
trade-economic bridge that unites neighboring countries, specifically,
Russia and Georgia. Seyed Babaei stressed that there are favorable
conditions in Armenia for business, due to which the Iranian Trade
and Investment Agency is going to establish its branch here.
From: A. Papazian