Asremrooz - Armenia to host Iran exclusive economic expo

The fifteenth exclusive exhibition of Iranian products and services will open on September 26 in Armenian capital, Yerevan, the chairman of the Iran-Armenia joint chamber of commerce stated.

TEHRAN (Asremrooz):“Construction materials, petrochemical products, agricultural equipment, pharmaceutical products, as well as engineering tools will be on display during the four-day exhibition,” Leon Aharunyan told the Fars News Agency on Tuesday.

In July, Iran and Armenia signed an agreement to expand bilateral trade ties.
Tehran Chamber of Commerce Chairman Yahya Al-e Es’haq and Yerevan Chamber of Commerce Chairman Andranik Aleksanyan signed the agreement.

In the meeting, Armenian Deputy Economy Minister Ara Petrosyan said that Iranian-Armenian trade turnover has valued at nearly 320 million dollars over the recent two years, but we need to increase this figure given the potential we have.

Armenian-Iranian trade turnover valued at $317.7 million in 2012, according to the National Statistical Service of Armenia. Armenian export hit $97.8 million.

Armenia mainly exports to Iran ore fuel, oil products, bitumen, wax, plastics and plastic products, and aluminum products.

Iran mainly exports to Armenia ore fuel, oil and oil products, bitumen, wax, plastics and plastic products, fertilizers, salt, limestone and cement.