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Trade turnover of Iran and Armenia would grow to USD 1 bn

2010-10-26 17:45

9280.jpegThe volume of the annual trade turnover between Armenia and Iran should be increased to USD 1 bn, said Vice-President of Iran Mohammadreza Rahimi at the yesterday's meeting with the Prime -Minister of Armenia Tigran Sarkisyan - Arka.am

Currently Armenia and Iran implement four programs of strategic importance: construction of oil terminal, railway, high-voltage power line, and hydro power plant at Arax river.

Data of the National Statistics Service of Armenia say the republic's foreign trade turnover with Iran increased by 36.8 % [in comparison to January-August 2009] and amounted about  $137 mln.

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