Iran triples electricity imports to help offset power shortage

Iran Power Generation, Distribution and Transmission Company (Tavanir) is importing at least 700 megawatts of electricity per day from neighboring states, including Turkmenistan, Azerbaijan and Armenia, to meet the growing electricity demand.

Iran-Armenia Joint Economic Commission to be held on May 10-11

Deputy Foreign Ministry for Economic Diplomacy Affairs said that the 17th Iran-Armenia Joint Economic Commission meeting will be held in the Armenian capital of Yerevan on May 10-11.

Iran set to open trade center in Armenia soon

Iran is scheduled to open a trade center in Armenia in the near future, according to the director of international affairs of the Ministry of Cooperatives, Labor, and Social Welfare.

Iranian minister says $1 billion annual trade with Armenia within reach

Iranian Minister of Industry, Mine and Trade Reza Fatemi Amin, who is on a visit to Yerevan, said on Thursday that an annual $1 billion of Trade between Iran and Armenia is within the reach.

Iran private sector upbeat about expansion of economic relations with Armenia

Chairman of Iran-Armenia Joint Chamber of Commerce Hervic Yarijanian said he believed that Tehran and Yerevan will witness an increase in promotion of bilateral relations.

Following strict rules by Azerbaijan:

Iran exports apple to Russia through Armenian border

As Azerbaijan Republic has imposed strict regulations for Iranian businesspersons, Iran is exporting apple to Russia through Armenian border, according to a private sector activist.

Ahvaz Chamber seeking further economic ties with Armenia

Head of the Iranian local chamber of Ahvaz Shahla Amouri said on Saturday that Ahvaz Chamber is looking for further promotion of economic relations with Armenia.

Iran participates in completion of Tatev transit road in Armenia

Iran is scheduled to participate in the completion of the Tatev road in Armenia which is supposed to be an alternative for the Goris-Kapan road to connect Iran to Russia and Europe.

Iran-Armenia border crossing reopens after short closure

The gateway between Iran and Armenia, that was closed a day earlier, has reopened, according to Ruhollah Latifi, the spokesman of Iran Customs Administration (IRICA).

Iran inaugurates 20 industrial projects in Aras FTZ

President Hassan Rouhani inaugurated 20 industrial projects in Aras Free Trade and Industrial Zone located in West Azarbaijan Province via videoconference on Monday.