Armenia records unprecedented growth in exports to Iran in Jan-Aug 2017
19.10.2017,
10:38
Armenia has recorded an unprecedented growth in exports to Iran (11.2%) in Jan-Aug 2017, Suren Karayan, Armenian economic development and investments minister, told journalists on Wednesday.
YEREVAN, October 19. /ARKA/. Armenia has recorded an unprecedented growth in exports to Iran (11.2%) in Jan-Aug 2017, Suren Karayan, Armenian economic development and investments minister, told journalists on Wednesday.
“This is unprecedented growth, since we have never had such a growth,” he said.
In his words, preparations necessary for signing the agreement on free trade between Eurasian Economic Union member countries and Iran are under way now.
“The negotiations have already entered the final stage,” Karayan said. “They imply that Armenia will receive customs preferences for exporting to Iran 40 Armenia-made varieties of commodities that are demanded at Iranian market.”
In particular, he said, now Armenia pays a 55-percent customs duty for exporting mineral water to Iran, while after enforcement of the preferences the highest rate will be 10%.
According to the National Statistical Service, Armenia’s exports to Iran totaled $54.8 million in Jan-Aug 2017 showing an 11.2% year-on-year growth. --0---
“This is unprecedented growth, since we have never had such a growth,” he said.
In his words, preparations necessary for signing the agreement on free trade between Eurasian Economic Union member countries and Iran are under way now.
“The negotiations have already entered the final stage,” Karayan said. “They imply that Armenia will receive customs preferences for exporting to Iran 40 Armenia-made varieties of commodities that are demanded at Iranian market.”
In particular, he said, now Armenia pays a 55-percent customs duty for exporting mineral water to Iran, while after enforcement of the preferences the highest rate will be 10%.
According to the National Statistical Service, Armenia’s exports to Iran totaled $54.8 million in Jan-Aug 2017 showing an 11.2% year-on-year growth. --0---
