Iran, Armenia To Form Economic Co-Op Matrix

IRAN, ARMENIA TO FORM ECONOMIC CO-OP MATRIX

Moj News Agency
November 18, 2008 Tuesday
Iran

Elaborating on his visit to Armenian vice president, Mahdi Ghazanfari
said that lack of systematic information processing between the
two countries` private sector is the main obstacle on the way of
trade exchange between Iran and Armenia. Formation of economic
matrix could remove the obstacle, Ghazanfari said. Also head of
Trade Promotion Organization of Iran, he said that the matrix will
undertake realization of MoUs signed between the two countries. Iran
and Armenia are planned to boost cooperation in exports of technical
nd engineering services, he said. Iran and Armenia annual trade
exchange stands at $80 million which should be increased in near
future, he added.