Iran Armenia

Iran, Armenia fully activate Nordooz border crossing

Armenia’s State Revenue Committee (SRC) has announced that restrictions at the country’s main border crossing with Iran has been lifted nearly four months after they were introduced to contain the coronavirus pandemic.

Trade

Iran-Armenia trade tops $100m in Q1 2020

The commercial exchange between Iran and Armenia between January and April 2020 stood at $101.06 million to register a 0.37% decline compared to the corresponding period in 2019.

Trade

Iran resumes exports to Armenia

Iran has resumed exports, in a limited quantity, to Armenia via Nordooz border crossing since last week.

Trade

No US pressure over relations with Iran, says Armenian PM

The US has been pressuring Iran’s neighbours to change their course as part of its so-called maximum pressure campaign on Tehran. But, Armenia says the US has come to understanding that it can’t do so.

Energy

Iran’s accession to Eurasia helps boost non-oil exports: Minister

Iranian Energy Minister Reza Ardakanian said on Tuesday that Iran’s accession to Eurasian Economic Union will help boost Iran’s non-oil exports.

Trade

Iranian parliament passes FTA with Eurasian Economic Union

The Iranian lawmakers have voted in favour of the bill that allows Tehran’s entrance into a Free Trade Zone (FTZ) with the five-member council, Russia, Belarus, Kazakhstan, Kyrgyzstan and Armenia.

Trade

Iran-Eurasia Economic Union FTA expected to enter into force this summer: Armenia

A Free Trade Agreement between Iran and the five member states of the Eurasian Economic Union, that is Russia, Belarus, Kazakhstan, Kyrgyzstan, Armenia, will allow Tehran to engage in trade exchanges with Central Asia and the Caucasus.

Trade

Iranian parliament to debate Eurasian Economic Union FTA ‘in coming days’

The parliament speaker has promised to put a government bill on joining a Free Trade Zone with the Eurasian Economic Union to the floor’s debate in a bid to ratify the agreement before 17 June.

Trade

Iran-Eurasian Economic Union FTA inches closer to final approval

Since the ratification of Iran’s accession to a free trade zone with the Eurasian Economic Union in May 2017, the Iranian government prepared a bill to be debated by parliament about the zone’s creation. Now, the bill is moving closer to be finally ratified by the end of the current Persian year (21 March).

Trade

Armenia PM in Iran to push Iran-Eurasian Economic Union FTA

Armenian prime minister is looking to carry out serious preparations so that Iran joins the economic union sooner. The EAEU agreed last May to create a free trade zone with Iran. It’s now up to Tehran to accelerate the work.

Trade