Iranian Minister of Industry, Mine and Trade hails his visit to Armenia as constructive, saying Tehran and Yerevan agreed on the launch of joint ventures. Reza Fatemi Amin headed a high-ranking delegation, including trade officials and CEOs of private companies. Talks covered areas such as trade transit, marketing, and sales activities.
According to Fatemi-Amin, Iran and Armenia also agreed on launching Infrastructure projects in Armenia.
Iran has already announced its readiness to cooperate with Armenia to build the new transportation route (Kajaran-Sisian road).
The International North-South Transport Corridor is a 7,200-kilometer network of ship, rail, and road routes for moving freight between Iran, India, Afghanistan, Azerbaijan, Russia, Armenia, Central Asia, and Europe.
Iranian and Armenian officials also agreed on cutting transit tariffs as part of the joint effort to boost bilateral trade.
The value of Iran-Armenia trade volume stood at $304 million.
Check the full article on Armradio.am.
https://en.armradio.am/2022/03/05/iran-armenia-to-embark-on-joint-ventures/
