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40 Top Armenian Companies Visit Iran on November

He said these companies can cooperate with Iran in the fields of banking and finance, electronics and information technology, in addition to agriculture sector, manufacturing of machinery and making of gold ware and jewelry.

He said Iran’s nuclear deal with the world’s major powers prepares the ground for the expansion of trade ties between Iran and Armenia.

As there are 48 types of minerals in Armenia, Iranian companies can cooperate with Armenia in the field of mineral extraction and also providing of mining equipments, he stated. 

Armenia was the 23rd biggest importer of Iranian non-oil goods in the first half of the current Iranian calendar year (March 21-Septemebr 22), according to the Iran Customs Administration.