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Декабрь
2016

Fourth Armenian-Iranian business forum in 12 months kicks off in Yerevan

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YEREVAN, December 21. /ARKA/. The fourth Armenian -Iranian business forum in the last 12 months organized as part of Iranian President Hassan Rouhani’s official visit to Armenia kicked off in Yerevan today.

According to Armenia’s First Deputy Minister of Economic Development and Investments Garegin Melkonyan, it is important to show Iranian businessmen the opportunities available to them in Armenia. He said the removal of sanctions against Iran has created good preconditions for the implementation of mutually beneficial projects.

He said the business forum should become a powerful stimulus for the development and strengthening of the Armenian-Iranian trade and economic ties, prompted by the liberal legislation of Armenia, which provides the Iranian businessmen with the same rights as the citizens of the country.

"Armenia is also attractive in terms of the possibility of entering the markets of the Eurasian Economic Union (EEU) and the EU. As a member the EEU Armenia enjoys benefits for exports of raw materials. Great opportunities are opening up for Iranian businessmen who want to become residents of free economic zone in Armenia. They will work in favorable conditions, and their products will be exported as produced in Armenia ", - said Melkonyan.

He recalled that the new Armenian government is doing everything possible to improve the investment climate in the country.

"The trade turnover between Armenia and Iran in 2015 amounted to $280-$290 million, but it could be much more," - Melkonyan said.

In conclusion, he urged the Iranian businessmen to participate in joint projects with their Armenian colleagues.

The forum was attended by 170 businessmen, 90 of whom came from Iran. They represent different sectors of the economy: finance and banking, food processing, textiles, jewelry, pharmaceuticals, production of medical equipment and agricultural machinery, architecture, IT, construction materials and others. -0-