Armenia ready to boost investment in Iran: envoy

Armenian ambassador to Tehran Artashes Tumanyan said Sunday, July 24 that the country is ready to boost investment in Iran, the Tehran Times reports.

At a meeting with the chairman of Tehran Chamber of Commerce, Masoud Khansari, the Armenian envoy said that investment in the field of information technology is prioritized, IRNA says.

Armenia’s Central Bank has developed plans to expand banking and monetary cooperation with Iran, Tumanyan added.

He went on to say that Armenia will organize an exclusive expo in Tehran in the seventh Iranian calendar month (Sept. 22-Oct. 21).

Armenian companies are also interested in investing in Iran’s poultry farming industry, he stressed.

Khansari, in turn, said that cooperation between the two countries should be planned so that it leads to presence in a third market. He said more joint exhibitions should be organized, and more trade delegations should be dispatched.


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