Iran mulls opening trade center in ArmeniaJuly 16, 2013 - 12:44 AMT PanARMENIAN.Net - Iran is mulling a possibility of opening a trade center in Armenia to expand economic ties with the country, Tehran Chamber of Commerce chairman said. As Yahya Ale-Eshaq stated during a Yerevan-hosted Armenian-Iranian business forum, the center will deal with transit-related issues and promote development of trade. As Mr Ale-Eshaq futher noted, Armenia may serve as a transit route to Iran on the way to other CIS states, while a multimillion market of Tehran’s neighbors will become open to Yerevan Deputy Economy Minister of Armenia Ara Petrosyan, in turn, urged full use of trade potential between the countries, noting that in the years to come major efforts are necessary to double the current trade turnover of $300 million. Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion. Partner news | Czech-Armenian military cooperation discussed in Yerevan A delegation led by the Director General for the Industrial Cooperation Division of the Ministry of Defence of the Czech Republic visited Armenia. U.S. welcomes efforts to define Armenia-Azerbaijan border The United States welcomes efforts to define the border between Armenia and Azerbaijan, says Vedant Patel. Biden honors resilience of Armenian people on April 24 U.S. President Joe Biden has issued a statement on the 109th anniversary of the Armenian Genocide. Ex-Karabakh leader moved to solitary confinement cell in Baku, his son says David Vardanyan is the son of former Karabakh leader Ruben Vardanyan who who is currently imprisoned in Azerbaijan. |