Iran. Armenia Discuss Economic. Energy Cooperation

During their meeting on Tuesday. Ardakanian and Grigoryan. as heads of Iran-Armenia Joint Economic Commission. reviewed the latest situation of bilateral projects and agreements.

The meeting was held on the sidelines of Iranian President Hassan Rouhani`s visit to Armenia where is slated to take part at the EAEU Summit.

Ardakanian termed separate visits of Armenian prime minister with Supreme Leader of the Islamic Revolution Ayatollah Seyed Ali Khamenei and President Rouhani as a basis for boosting and enhancing bilateral cooperation and expressed hope that recognizing relations between Iran and the Eurasian Economic Union (EAEU) will lead to further development of cooperation.

The two sides also discussed the latest status of Meghri power plant construction. controlling air pollution in Aras River. increasing electricity and gas barter deals. launching the third power transmission line and synchronizing power grids between the two countries.

Before leaving Tehran for Yerevan. Rouhani said that joining Eurasia will facilitate connecting to global economy. as the country`s economy will flourish when it will be competitive at the international scene.

The Iranian head of state is attending the EAEU Summit upon the invitation of Armenian Prime Minister Nikol Pashinyan.

Last month. Ardakanian said that his country’s membership in the EAEU has brought in many advantage for Tehran. including tariff exemptions on 850 items of goods.

Speaking on the sidelines of his visit to Yazd province on September 12. Ardakanian said. In this great and lucrative economic market. 850 items of goods will be subject to tariff exemptions between the Islamic Republic of Iran and the EAEU member states.

With the coordination made in this regard. this agreement will be enforced on Oct. 23. he said. adding. With Iran’s accession to EAEU. suitable ways will be provided for the country in the field of exports and other economic activities in line with securing interests of the country.

Early in August. Prime Minister Pashinyan said that he has been tasked by the leaders of the countries of the Eurasian Economic Council to invite President Rouhani to the supreme meeting of the body slated to be held in Yerevan in October.

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