Armenia, Iran discuss organization of joint production in various  branches of economy 

ArmInfo. Armenia's Minister of Economy of Armenia Gevorg Papoyan hosted Ambassador of Iran to  Armenia Mehdi Sobhani.

During the meeting, the parties discussed issues related to expanding  economic cooperation between the two countries, increasing trade  turnover, and also exchanged views on expanding cooperation in the  field of agriculture, organizing joint production in various sectors  of the economy, and touched upon the opening of an Iranian trade  center in Armenia.

Gevorg Papoyan, for his part, expressed his readiness to assist in  the development and implementation of joint programs within the  powers of the Ministry.

According to the RA Stacommittee, foreign trade turnover between  Armenia and Iran in 2023 decreased by 2.5%, amounting to $692.5  million. In particular, exports decreased by 14.3% to $94.5 million,  with imports declining by 0.3% to $598 million.