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Armenia To Host Iran Exclusive Economic Expo

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  • Armenia To Host Iran Exclusive Economic Expo

    ARMENIA TO HOST IRAN EXCLUSIVE ECONOMIC EXPO
    Economic Desk

    On Line: 06 August 2013 15:15
    In Print: Wednesday 07 August 2013
    http://tehrantimes.com/economy-and-business/109842-armenia-to-host-iran-exclusive-economic-expo

    TEHRAN - The fifteenth exclusive exhibition of Iranian products and
    services will open on September 26 in Armenian capital, Yerevan,
    the chairman of the Iran-Armenia joint chamber of commerce stated.

    "Construction materials, petrochemical products, agricultural
    equipment, pharmaceutical products, as well as engineering tools will
    be on display during the four-day exhibition," Leon Aharunyan told
    the Fars News Agency on Tuesday.

    In July, Iran and Armenia signed an agreement to expand bilateral
    trade ties.

    Tehran Chamber of Commerce Chairman Yahya Al-e Es'haq and Yerevan
    Chamber of Commerce Chairman Andranik Aleksanyan signed the agreement.

    In the meeting, Armenian Deputy Economy Minister Ara Petrosyan said
    that Iranian-Armenian trade turnover has valued at nearly 320 million
    dollars over the recent two years, but we need to increase this figure
    given the potential we have.

    Armenian-Iranian trade turnover valued at $317.7 million in 2012,
    according to the National Statistical Service of Armenia. Armenian
    export hit $97.8 million.

    Armenia mainly exports to Iran ore fuel, oil products, bitumen, wax,
    plastics and plastic products, and aluminum products.

    Iran mainly exports to Armenia ore fuel, oil and oil products,
    bitumen, wax, plastics and plastic products, fertilizers, salt,
    limestone and cement.




    From: A. Papazian
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