IRAN TO HOLD ECONOMIC EXPO IN ARMENIA EARLY JULY

ISNA
April 27 2009
Tehran

TEHRAN (ISNA)-The Head of Iran-Armenia Chamber of Commerce Leon
Aharonian said on Monday Iran will hold its 11th economic expo in
Armenia from July 4 to 8.

The exhibition includes technological and industrial goods as well as
foodstuffs, construction materials, detergents and clothing, he said.

The Iranian companies which attend the fair will receive special
privilleges including subsidy by 40 percent for renting booth, he said.

Iran-Armenia commercial exchanges totaled 230 million dollars in 2008,
Aharonian said adding the level is lower than capabilities of both
sides and needs to be raised.

He continued the report released by Armenian government says bilateral
trade cooperation hit 105 million dollars that was increased by 200
million dollars in 2006.