Iran Exports $62m Worth of Goods to Armenia
Mohammad Farhad Koleyi said the exported products included various types of vegetable oils, detergents, dried fruits and nuts, construction materials, carpets and tobacco leaves.
He forecast that by taking into consideration the amount of "suitcase trade" between the two countries, the level of exports from Iran to Armenia would rise this year.
He added that by reviewing the commercial problems in-between, "we have been able to increase the trade balance between the two countries from 19 percent to 35-40 percent."
Koleyni put the level of trade between East Azarbaijan Province (north-east Iran) and Armenia at about $8 million in 1998 and 1999 and added that by providing the necessary means, the trade figure rose to $36 million last year.