ICCIMA president calls for launching joint Iranian-Armenian transportation company

President of Iran Chamber of Commerce has called for establishment of a joint transportation company between Iran and Armenia in order to boost trade between the two neighboring countries.

31 January 2021
ID : 22744
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President of Iran Chamber of Commerce has called for establishment of a joint transportation company between Iran and Armenia in order to boost trade between the two neighboring countries.

ICCIMA President Gholam Hossein Shafei (R) meets visiting Armenian economy minister

President of Iran Chamber of Commerce has called for establishment of a joint transportation company between Iran and Armenia in order to boost trade between the two neighboring countries.

Joint efforts are needed from the two sides for removing the existing hurdles in the way of boosting trade relations between Iran and Armenia, Gholam Hossein Shafei said in a meeting with Armenian Economy Minister Vahan Kerobyan who visited Iran heading a high-ranking delegation and public and private sectors.

"Establishment of a joint transit and transportation company would accelerate bilateral trade and resolve current challenges the businessmen from both countries face regarding transfer of goods," Shafei said.

Shafei pointed out to the prominent position Armenia had in the Eurasian Economic Union (EAEU) and the country’s strategic access to Europe, and further described the Armenian market as "very significant" for the Iranian private sector.

Iran Chamber of Commerce president asked for reduction of trade costs between the two sides, exchange of trade delegations, and holding exhibitions.

“Iran and Armenia can cooperate in various sectors including agriculture, process industries, small and medium-sized enterprises (SMEs),” the Armenian minister said.

Vahan Kerobyan said that a delegation of Armenian entrepreneurs would visit Isfahan within a month. He also asked for a delegation from the Iran Chamber of Commerce to visit Armenia for further negotiations.

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