TEHRAN (Iran News) – Iran-Armenia Trade Exchange to Set New Record This Year. The Chairman of the Iran-Armenia Joint Chamber of Commerce Hervik Yarjanian says he believes the trade volume between Iran and Armenia will hit a new record this year which will have a meaningful difference with the past figures.
Speaking to ILNA, Yarjanian explained the latest trade development between the two countries especially the COVID-19 vaccination of Iranians in Armenia. He said vaccination of Iranians in Armenia still goes on but the Armenian government has set a ten-day stay condition for vaccination of tourists because the volume of travels to Armenia was high and this condition led to control the travels.
He added that Armenia is a 3-millionppopulation country and its infrastructures are enough only for 3 million people and this massive volume of travels was unexpected and Armenians were unable to meet their demands and so, they decided to set condition in order to curb the influx of visitors.
Yarjanian reiterated that as long as the second dose of vaccine is not vaccinated, Armenian officials do not consider it full vaccination and for this reason there is no exact figure about the number of vaccinated Iranians in Armenia.
Pointing to the current trade condition between Iran and Armenia, he said that the pandemic has obviously had its negative impact on the world trade, and by the way the cost of the international transportation has become very expensive and this has made Armenian traders to turn to Iranian goods which will cost them cheaper than importing from China.
Yarijanian noted that however he believes the trade between Iran and Armenia this year will witness a new record which will find a meaningful difference with the figures in the past years. He added that the main reason for this reason is Armenia’s decision to ban imports of goods from Turkey and it can help Iran to have major role in Armenia’s market. He went on to say that the second reason is that Iran and Armenia are now both EAEU members and the third reason is devaluation of national currency in Iran.
He said that although Iran Custom Administration has not released exact figures regarding the Iran-Armenia trade, in the past six months Iran and Armenia have traded over $500m and the figure can rise more.
He also supported travels of Iranians to Armenia and said it will lead to the rise in the interactions between the both states because Armenians can know Iranians better and it will promote Iranian goods in that country.
Yarijanian also said that today most of goods in Armenia are provided by Armenia and this shows that the more the level of exchanges increase, the more it will have positive impact on the economies of the both states.