Iran Exports to Armenia Soar by 60%
Iran Exports to Armenia Soar by 60%
Chairman of the Iran-Armenia Joint Chamber of Commerce Hervik Yarjanian says Iran’s exports to Armenia have been over $200b in the first seven months of the current year which shows 60% growth comparing to the same period last year.

TEHRAN (Iran News) –  Chairman of the Iran-Armenia Joint Chamber of Commerce Hervik Yarjanian says Iran’s exports to Armenia have been over $200b in the first seven months of the current year which shows 60% growth comparing to the same period last year.

Speaking to ILNA and touching upon the launch of the joint industrial park between Iran and Armenia, Yarjanian said that Armenian sides with cooperation with the industrial parks of Iran are to create an industrial pardis (industrial park) which will be on a 50-hectar area and it is considered a joint investment and this pardis will be allocate for the industrial and medium industries.

He added that the project has been endorsed by the Armenian government and it is facing its legal process, adding that this pardis is in the framework of a deal which has been signed between the Armenian economic minister and head of Iran Small Industries and Industrial Parks Organization during the joint economic commission of the two states.

He then pointed to the trade volume of the two states and said currently Armenia is the 15th export destination of Iran and Iran’s exports to this country in the first seven months of the current year has been over $200m which shows 60% growth year-on-year, reiterating that cement tomato paste, fruits, pipe and profile, urea, tile, ceramic and bitumen have been the major exported items to Armenia in this period.

He noted by the way Iran’s imports from Armenia have been around $15m in the same period which shows 50% growth.

Asked about Iran’s exports of vehicles to Armenia, he said Iran currently has no car export to Armenia, adding that of course an Armenian company had talks to buy some 100 Nisan pickups but due to the sudden rise in the prices, it was almost halted because the price of the Chinese like are by far much cheaper than Iran’s.

Reacting to employment of Iranian shepherds in Armenia, he said so far he cannot confirm it because there is no valid information or detail on it, adding that Iranian companies are active in export of technical and engineering services to Armenia and some groups from Iran travel to Armenia because it is a very specialized matter.

Yarjanian added that the market of warm meat is very attractive one in the world and Armenia has good areas for breeding ship and livestock but it is strange that Armenia has published advertisement to hire Iranian shepherds and maybe the advertisement has come by the Iranian companies which have invested in Armenia and they prefer to hire Iranian forces.

He then added that the transit of goods between the two states is done easily and there is no problem but the Armenian roads due to recent incidents needed some repairs which have been done and the transit is underway.

He noted that Armenia is preparing a replacement for the current road which will be launched with a budget over one billion dollars which will launch the south-north corridor to reduce the time of transit from 8 to four hours.