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Iran, Armenia To Expand Industrial Ties

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At a meeting between Iranian and Armenian officials, the two sides have called for further expansion of industrial ties between the two countries, Press TV reported.

Iranian Deputy Minister of Industries and Mines Ahmad Khademolmelleh and Armenian Ambassador to Iran Grigor Arakelian met in Tehran and discussed the prospects for the two countries' industrial relations, IRNA reported on Sunday.

Khademolmelleh pointed to both countries' potentials for bolstering their cooperation in mines and industrial areas and called for organizing industrial tours for Armenian business owners in Iran.

The Armenian ambassador, on the other hand, announced his country's readiness to participate in the projects introduced by Iran's ministry of industries and mines and asked for more information on the Islamic Republic's potentials in the area.

Arakelian said that the bilateral trade value between the two states hits $270 million and the figure is on the rise.

Both sides agreed that managers of both countries' mines and industrial sectors examine the areas of cooperation through a conference.

 

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