The main goal of the specialized trade and industrial exhibition of Mazandaran Iranian province is activation and diversification of partnership and cooperation fields between entrepreneurs of the Iranian province and Armenia, province Governor Muhamad Reza Salehi stated during the event. Actual agreements are signed past year, specifically an Armenian-Iranian joint venture to produce vegetable oil will be established in Yerevan. The commodity turnover between Armenia and Mazandaran province made $12.7 million this year. In the words of Iranian Ambassador to Armenia Ali Reza Haqiqian, Iran pursues a policy of development of economic relations and sustaining stability in the region and Armenia occupies a weighty place in Iran's foreign policy. The exhibition will promote further development of business cooperation between the countries, he remarked. A business forum will be held in Yerevan with participation of 50 entrepreneurs from Iran. The event goal is to promote new business ties and further cooperation fields. An expo of Iranian carpets is also scheduled in Armenia before the turn of the year. Woolen, silk and other types of carpets of Iranian production will be presented at it, reported IA Regnum.