Exports of Armenian goods to Iran to be facilitated
31.05.2017,
18:11
The executive director of the Development Foundation of Armenia (DFA) Armen Avak Avakyan and Mojtaba Khosrovtaj, the deputy minister of industry, mines and trade of Iran have signed today a memorandum of understanding to deepen bilateral cooperation, the DFA reported.
YEREVAN, May 31. /ARKA/. The executive director of the Development Foundation of Armenia (DFA) Armen Avak Avakyan and Mojtaba Khosrovtaj, the deputy minister of industry, mines and trade of Iran have signed today a memorandum of understanding to deepen bilateral cooperation, the DFA reported. The Memorandum provides for assistance to Armenian and Iranian entrepreneurs.
During the meeting, the sides discussed also practical steps and the existing problems hindering investment and trade between the countries.
Following the Armenia Expo held in Tehran in October 2016, 18 Armenian banks, construction, jewelry, tourism and textile companies are negotiating the export of Armenian goods and services to Iran, DFA said.
"Taking part in the exhibition last year, Armenian companies faced a number of procedural problems in connection with the system of additional permits for the transportation of their goods and property, which is a rather complicated and laborious process. It is necessary to simplify these procedures," Avakyan was quoted as saying.
He spoke also about the most promising- in terms of export and investment - sectors of Armenian economy, which are IT, tourism, processing of agricultural products, textiles and jewelry.
At the meeting, the sides discussed also high customs duties on goods exported to Iran (more than 100% in some cases).
At the moment, negotiations are underway to set preferences and low customs duties on the export of goods to Iran for 37 Armenian goods.
According to the NSS, Armenia's trade turnover with Iran in the first 4 months of 2017 was $64.8 million (a decline of 14.5% year-on-year). -0-
During the meeting, the sides discussed also practical steps and the existing problems hindering investment and trade between the countries.
Following the Armenia Expo held in Tehran in October 2016, 18 Armenian banks, construction, jewelry, tourism and textile companies are negotiating the export of Armenian goods and services to Iran, DFA said.
"Taking part in the exhibition last year, Armenian companies faced a number of procedural problems in connection with the system of additional permits for the transportation of their goods and property, which is a rather complicated and laborious process. It is necessary to simplify these procedures," Avakyan was quoted as saying.
He spoke also about the most promising- in terms of export and investment - sectors of Armenian economy, which are IT, tourism, processing of agricultural products, textiles and jewelry.
At the meeting, the sides discussed also high customs duties on goods exported to Iran (more than 100% in some cases).
At the moment, negotiations are underway to set preferences and low customs duties on the export of goods to Iran for 37 Armenian goods.
According to the NSS, Armenia's trade turnover with Iran in the first 4 months of 2017 was $64.8 million (a decline of 14.5% year-on-year). -0-
