IRAN, ARMENIA SIGN MOU OF 7TH JOINT ECONOMIC COMMISSION

Payvand, Iran
July 20 2007

Yerevan, July 20, IRNA – Iran and Armenia signed the Memorandum
of Understanding (MoU) of their Seventh Joint Economic Commission
here Friday.

The MoU was signed by the two countries’ heads of Commission, the
Iranian Foreign Minister Manouchehr Mottaki and the Armenian Energy
Minister Armen Movsisyan.

According to IRNA’s dispatched reporter to Yerevan, also an MoU for
cooperation in tourism was signed by Managing Director of Iranian
Foreign Ministry’s Economic Cooperation Office and Deputy Armenian
Commerce and Economic Development Minister.

The two heads of the Joint Economic Commission also signed a third MoU
aimed at boosting cooperation between the two countries’ contractors
in pursuing technical and industrial projects.

Iran’s Foreign Minister Manouchehr Mottaki arrived here on Thursday
evening to attend the ministerial meeting of the two countries’
Joint Economic Commission atop an economic and political delegation.

Mottaki urges promotion of Tehran-Yerevan economic cooperation

Iran’s visiting Foreign Minister Manouchehr Mottaki said here on
Friday there are new horizons for growing economic relations and
cooperation between Iran and Armenia.

Mottaki, who is here to attend the Seventh Tehran-Yerevan Joint
Economic Cooperation Commission session as head of the Iranian side,
made the remark in a meeting with his Armenian counterpart Wartan
Oskanian.

He said Tehran-Yerevan ties have attained remarkable growth over
recent years.

Oskanian for his part termed the seventh Commission session as a move
for stronger bilateral ties.

Iran-Armenia transactions exceeds dlrs 200 million presently.