ISNA, Iran
Aug. 25, 2006

Iran -Armenia to boost its trade cooperation Service: Economy

ISNA – Tehran
Service: Economy

TEHRAN, August 25 (ISNA)-Iran-Armenia’s shared chamber of commerce
manager noted that the 200 million dollar trade figure between the
two countries illustrated that 17 percent of the products imported
to Armenia were from Iran.

"The commercial ties between Iran and Armenia have shown a good
progress. We started with 20 million dollars and now we have reached
200 million dollars," he commented.

This official also among reporters commented that the noted 17 percent
has the ability to reach 40 percent, but this required that Iran
introduced its industrial and production capacities and potentials
to Armenia.

"Iranian merchants through identifying the requirements of the market
must open a good placing for Iran in CIS markets," he said.

This official also gave news on the inauguration of new Iranian trade
center in Armenia and hoped the at hand obstacles would be removed
through the cooperation of both sides.