Nerses Yeritsyan hopes for conclusion of Armenia-Iran free trade agreement in 2011

Nerses Yeritsyan hopes for conclusion of Armenia-Iran free trade agreement in 2011

PanARMENIAN.Net - Conclusion of free trade agreement, earlier offered by Iran is impossible as the country is unable to abolish customs taxes for Armenian goods’ transit, Armenian Minister of Economy Nerses Yeritsyan said.

As the Minister stated at governmental sitting, Armenian and Iranian sides resolved to form a new approach to the issue, attempting to find a new format for conclusion of free trade agreement. “We hope the document will be signed next year,” Yeritsyan stated.

Also, the parties agreed on the visit of the head of Iranian customs service to Armenia in order to discuss issues related to the transit of Armenian goods.

 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
---