Iran entrepreneurs say they are interested in doing business in Armenia

Iran entrepreneurs say they are interested in doing business in Armenia
February 15, 2021 - 18:23 AMT

PanARMENIAN.Net - Iranian entrepreneurs are interested in doing business in Armenia, according to a statement provided by Armenia's Embassy in Tehran.

Ambassador Artashes Toumanian on Sunday, February 14 hosted Saeed Pourabadi, Head of the Chamber of commerce in North Khorasan, and a number of entrepreneurs from province.

The guests said they were interested in doing investments and running economic activities in Armenia, the Embassy said.

After Ambassador Toumanian briefed the guests on the business environment and the economic peculiarities of Armenia, the sides agreed to arrange a trip for the representatives of N. Khorasan Chamber of commerce and the entrepreneurs in near future.

Armenian Minister of Economy Vahan Kerobyan and Iran’s Minister of Industry, Mining and Trade Alireza Razm Hosseini signed a memorandum of understanding on January 23. Kerobyan said later that as a result of negotiations with the Iranian envoy to Armenia, the countries were willing to increase trade to $1b within six months.

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