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Investor Relations
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FinancialNews
26-05-21
Iran, Armenia to increase transport, trade cooperation
(MENAFN)Iran and Armenia plan to increase transport and trade collaboration as the Islamic Republic is aiming to use Armenia as part of its South-North transit corridor.
Both countries have exchanged numerous trade delegations in the last few months to talk about areas of collaboration.
Iranian Transport and Urban Development Minister Mohammad Eslami traveled to Yerevan to gather with Armenian officials and negotiate ways of growing relations.
with the country as part of the South-North transport corridor which extends from the Persian Gulf to the Black Sea construction of Tabriz-Jolfa and Yerevan-Tbilisi railways, setting opportunities for Iranian companies for contribution in Armenian projects, investment in transit and logistics development projects, and finally declining tolls were amid the matters talked about in the assembly amid Eslami and Armenian officials.
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