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News - Deputy economy minister: Matter of opening India-Iran-Armenia trade corridor being discussed

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Deputy economy minister: Matter of opening India-Iran-Armenia trade corridor being discussed

by Lilit March 14, 2024

The matter of opening the India-Iran-Armenia trade corridor is being discussed. Armenian Deputy Minister of Economy Narek Teryan announced this to reporters within the framework of the India-Armenia business forum in Yerevan on Thursday. "Discussions are conducted with our partners in a tripartite format. There are pilot cargos that are passing through that route, but a lot needs to be done in order for the direction to be stable," added Teryan. According to him, India considers Armenia a strategic partner in the region, and this is manifested in many domains, including civil. "Historically, Armenia and India are close to each other, connected to each other. We see that they have come and are coming to Armenia from India. In addition, a lot of workforce has been coming to our country from India in the last two years, and for the most part, they are working quite successfully in many domains," the Armenian official emphasized. Teryan informed that currently various formats of participation of Armenia or Armenian companies in Chabahar Port (Iran) are being discussed, but no details are mentioned.

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