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Armenian Prime Minister Karen Karapetyan (L) and Iranian Vice President Es’haq Jahangiri attend a press conference in Tehran on Oct. 9.
Armenian Prime Minister Karen Karapetyan (L) and Iranian Vice President Es’haq Jahangiri attend a press conference in Tehran on Oct. 9.

Armenian Premier Eyes Iranian Investment

Armenian Premier Eyes Iranian Investment

Armenian Prime Minister Karen Karapetyan invited Iranian businesses to invest in the Caucasian country.
"We are interested to see more Iranian companies enter Armenia's market and we are ready to help ramp up bilateral trade," Karapetyan said during a joint press conference after meeting Vice President Es'haq Jahangiri in Tehran on Monday. IRNA quoted Jahangiri as saying that Tehran sets great store on its relations with Yerevan and sees no obstacle to engaging in closer cooperation.
"We see no limit to the development of political, economic and cultural interactions with Armenia," he said.
Jahangiri and Karapetyan co-chaired a meeting between the two sides' economic delegations, where three memorandums of understanding were signed to expand cooperation in cultural, technological and veterinary fields. The Armenian premier was expected to sit down with President Hassan Rouhani and Parliament Speaker Ali Larijani later in the day.
He was also expected to visit Ararat Sports Club, where he will meet with the Armenian community, including business leaders. In an interview on August 1, Karapetyan described Iran-Armenia relations as "exemplary and unique".
"Friendship between the two neighbors is so firm that it is just necessary to further develop and deepen them by maintaining the commonalities uniting us for centuries. This is the reliable base and stronghold of our relations," he said.

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