TEHRAN (Iran News) – Head of Iran’s Trade Promotion Organization Mr. Alireza Peyman-Pak says Iran and Armenia have set target of $3b bilateral trade, adding that Iran currently after Russia and China is Armenia’s third major trade partner .
Payman-Park attended a one-day workshop held in Yerevan for trade with Armenia which was aimed at introducing the target market of Armenia to Iranian traders. The workshop witnessed the presence of ambassadors of both countries and some officials of both states.
Speaking in the workshop, Peyman-Pak said that Armenia has the biggest amount of imports from Iran after from Russia and China, adding that currently Iran’s exports to Armenia stand at $437m and according to the plans of both countries, the amount is to hit $3b.
He then pointed to the good political relations between Iran and Armenia and determination of both states for improving the trade and finalizing the free trade agreement with EAEU, adding that Armenia is the only EAEU member which has borders with Iran and it can play the role of gateway between Iran and EAEU market.
Peyman-Pak further said that capabilities of Iran in the fields of technical and engineering services and capacities of Iranian companies for presence in the technical and engineering services of Armenia are good opportunity for presence of activists of those fields in Armenia.
He said exchange of gas and electricity, presence of Iranian automakers in Armenia, producing industrial products especially Iranian home appliances inside Armenia as joint production, holding different exhibitions and construction of refinery are of the joint programs of Iran and Armenia.
Peyman-Pak also pointed to the launch of Iran’s trade center in Yerevan and said that the center in Yerevan is very active and dynamic. He added that the most important factor that they seek in the trade centers is a powerful and big partner in the target country that Armenia has this condition.
He then pointed to the issue of industrial participations and emphasized that the issue of the free zone, joint industrial parks and the issue of creating production lines in Armenia with using capacities of Armenia can help both countries to broaden their trade.