Armenia wants deeper economic ties with Iran – PM

Interfax News Agency, Russia
May 6 2008

ARMENIA WANTS DEEPER ECONOMIC TIES WITH IRAN – PM

Armenia is interested in deepening economic relations with Iran, Prime
Minister Tigran Sargsyan said at a meeting with Iranian Ambassador to
Armenia Seyed Ali Saghaeyan on Tuesday.

This would increase the level of security of our countries and peoples
and would prompt economic growth, Sargsyan said.

Sargsyan and Saghaeyan shared the view that annual trade between the
two countries, which is currently about $200 million, is inadequate,
the Armenian government told Interfax.

The U.S. State Department earlier expressed its concern about
relations between Armenia and Iran. Armenian Foreign Ministry
spokesman Tigran Balayan said in connection with this on Tuesday, that
relations between Yerevan and Tehran are bilaterally cooperative,
which is natural for two neighboring countries.

Armenia is seeking to establish similar relations with all of its
neighbors, Balayan said.