No limits in Iran-Armenia economic ties

Iran says it welcomes more trade and economy ties with neighboring countries, calling on Armenia to help speed up work on a major railway deal.

“Iran sets no limitation for promotion of ties and cooperation with Armenia,” IRNA quoted First Vice President Mohammad Reza Rahimi as saying on Monday.

The Iranian official described the implementation of an earlier agreement between the two sides on construction of a railway connecting Iran to Armenia as “a major step toward mutual progress.”

The remarks were made during a meeting with Armenian Prime Minister Tigran Sargsyan in the Iranian capital city of Tehran.

“The railway will establish a major transit network between Iran and neighboring countries. It will also link Armenia to other neighboring states through Iran,” he added.

Rahimi praised amicable relations between Iran and Armenia and called for more efforts to further promote bilateral cooperation.

“Iran is ready to expand its economic, trade and economic ties with friend and neighboring country of Armenia,” the vice president went on to say.

He urged the two countries to make efforts to increase the level of trade exchanges.

“Iran and Armenia can carry out their trade exchanges by the use of the two countries’ national currency which will increase the value of their money,” he said.

Rahimi pointed to the recent achievements made by the Islamic Republic in various fields of science and technology, expressing Iran’s readiness to share its expertise.

Sargsyan, for his part, said Iran and Armenia enjoy great potential for promoting joint cooperation in line with the two countries’ national interests.

The Armenian prime minister, heading a politico-economic delegation, arrived in Tehran on Monday on an official two-day visit to discuss regional issues with senior Iranian officials.

Sargsyan is scheduled to take part in the joint meeting of Iranian and Armenian businessmen on Tuesday.