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More than 70 Armenian companies to showcase their products at Tehran exhibition

16.09.2016, 14:58
More than 70 Armenian companies, producing food, medicines, building materials, light industry products, jewelry, as well as IT companies and companies offering  banking  and insurance services will be showcasing  their products and services at an exhibition of Armenia-made goods in Iran’s capital city Tehran on October 5-8, deputy economy minister of Armenia Hovhannes Hovhanisyan said today.


More than 70 Armenian companies to showcase their products at Tehran exhibition
YEREVAN, September 16. / ARKA/ More than 70 Armenian companies, producing food, medicines, building materials, light industry products, jewelry, as well as IT companies and companies offering  banking  and insurance services will be showcasing  their products and services at an exhibition of Armenia-made goods in Iran’s capital city Tehran on October 5-8, deputy economy minister of Armenia Hovhannes Hovhanisyan said today.

According to him, the aim of the exhibition is not only to enter new markets and expand trade relations with Iran, but also position Armenia as a platform for Iran to enter the markets of the Eurasian Economic Union.

He said Armenian and Iranian entrepreneurs are expected to conclude a number of agreements and also discuss creation of a free economic zone on the border of Armenia and Iran. He also said Iranians are mostly interested in Armenian mutton, cigarettes, batteries and mineral waters.

Karen Mkrtichean, the executive director of the Armenia Development Foundation, which is the organizer of the exhibition, said applications for participation in the Tehran exhibition are accepted till September 20 at info@dfa.am

‘It is gratifying that 10 companies run by Syrian Armenians will also take part in the exhibition ", he said.
According to Armenian deputy foreign minister Robert Harutyunyan, the exhibition is very important for enhancing the economic activities of the embassies of both countries.

"Iran and Armenia do not use yet the entire trade and economic potential and this is why the interest of Armenian companies in this exhibition is so high", he said. He said that Iran and the Eurasian Economic Union are negotiating establishment of free trade regime.

The exhibition is a joint initiative of the Armenian economy ministry, the Armenian Development Foundation and the Armenian embassy in Iran.Armenia's foreign trade with Iran in the first half of 2016 amounted to $113.5 million, down 16.4% from the same period last year. -0-