Economy, Business And Markets

Iran, Armenia to Ease Customs Formalities

Iran, Armenia to Ease Customs FormalitiesIran, Armenia to Ease Customs Formalities

The Armenian Parliament ratified an agreement on the establishment of a simplified customs corridor with Iran on Tuesday. The agreement on the joint use of the Meghri-Nurduz Customs Corridor was signed in Yerevan back in 2016, with the aim of facilitating mutual trade and customs control between the two countries. Under this agreement, if goods are inspected on one side of the border, there will be no need for a second and careful inspection on the other side, ARKA news agency reported. The deal has already been approved by the Armenian government and Iranian Parliament. Vice Chairman of the State Revenue Committee Vakhtang Mirumyan said the customs corridor between Armenia and Iran will ease road traffic. “The launch of the joint gate and its operation means elimination of double control and procedures. The second part of the agreement clearly mentions the steps which facilitate the movement of goods via means of transport, as well as passenger transportation,” he was quoted as saying by Armenpress. “Customs control is carried out by the country of entry,” he added.

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