Iran seeks to increase trade turnover with Armenia to $1 billionJune 10, 2022 - 11:11 AMT PanARMENIAN.Net - Iran wants to increase trade turnover with Armenia to $1 billion annually, Tehran's ambassador to Yerevan Abbas Badakhshan Zohouri has told ISNA News Agency (via Pars Today). "Although Armenia is a country bordering East Azerbaijan, we have not been able to exceed half a billion dollars in our trade with this country, so we must make efforts to increase this volume to $1 billion," Zohouri was quoted as saying. The envoy said Armenia serves as a bridge between Iran and the Eurasian Economic Union and the European Union. "Given that Armenia has preferential customs duties with EU countries, we can use that potential to export our goods, and steps should be taken by the [Iranian] provinces bordering Armenia to improve that," he said. "Many of Armenia's neighboring provinces have excellent climate conditions, so we can use the new agricultural technologies acquired in Iran in this country." Armenia and Iran are currently working on the the expansion of the gas for electricity swap deal between the two countries. The two sides have repeatedly stressed the importance of boosting cooperation in the trade and economic sphere, which would enable the sides to increase turnover to $1 billion. Top stories Six total incidents have burned 19 old-growth trees. Friday night 8 trees were torched along the beautiful main entrance. The EU does not intend to conduct military exercises with Armenia, Lead Spokesperson for EU Foreign Affairs and Security Policy Peter Stano says. Hikmet Hajiyev has said that there is no place for USAID operation in Azerbaijan any longer. A telephone conversation between Putin and Pashinyan before the CSTO summit is not planned, Peskov says. Partner news | About 173 million drams and more than 30 beneficiary funds. "The Power of One Dram" is 4 years old In June 2020, the exclusive joint corporate social responsibility initiative of Idram and IDBank "The Power of One Dram" was launched. Aliyev travels to Turkey at Erdogan's invitation On June 10, Azerbaijani President of Azerbaijan Ilham Aliyev will leave for Turkey on a working visit. Armenia: Protesters march to parliament, some spend the night on street The protesters did not disperse despite heavy rain that began at around 2 a.m. local time. Concept to complete Yerevan Cascade discussed at city hall A conceptual proposal to complete the Cascade complex in downtown Yerevan has been presented by Jean-Michel Wilmotte. |