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.

22 November 2021
ID : 33275
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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.

The map shows the location of Nordooz border crossing between Iran and 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.

Speaking in an exclusive interview with Iran Chamber newsroom, Yarijanian said that Iran is presently the third biggest exporter of goods to Armenia.

He added that it is possible for Iran to leave behind China to become the second biggest exporter to Armenia.

Referring to problems caused by Azerbaijan on the way of Iran’s exports to Armenia, he said that the road which is going to replace Goris-Kapan transit road is safer and is expected to give a boost to relations between Iran and Armenia.

Baku claims that some 20 kilometers of the 400km-long Goris-Kapan road from Iran’s Norduz border crossing to Yerevan is part of Azerbaijan’s soil.

The country has imposed strict regulations on Iranian trucks on their way to the Armenian capital, forcing them to pay $130 tolls.

Yarijanian said that Iran is one of the main suppliers of fuel, polymer, and textile products, raw materials, and home appliances to Armenia.

Also referring to Armenia’s 4% customs tariffs with Canada and Switzerland, he said that Iranian commodities can be re-exported to other countries through the Armenian soil. 

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