Exports to Armenia Resume

EghtesadOnline: Iran has resumed exports, in a limited quantity, to Armenia via Nordouz border crossing since last week.

News ID: ۷۸۵۴۷۳

11 April 2020

According to Rouhollah Latifi, the spokesperson of the Islamic Republic of Iran Customs Administration, with 250 trucks passing through the border on Aras River, trade with the neighboring country is normalizing after weeks of moratorium, Mehr News Agency reported.

“Armenia imported over $430 million worth of Iranian goods last [fiscal] year [March 2019-20] to become the country’s second export destination in Eurasian Economic Union after Russia,” Financial Tribune quoted him as saying.

“The transit route for Armenian products to Iraqi Kurdistan via the Bashmagh-Marivan border crossing in the western Iranian province of Kurdestan has also reopened.”

Armenia’s Deputy Economy Minister Varos Simonyan told reporters on Monday that the Armenian government has not set any restrictions on the import and export of products with Iran, except for medical products.

He added that trade is carried out at Meghri border checkpoint and Agarak Terminal, or is transferred with the accompaniment of police officers and with the permission of the Health Ministry, the State Revenue Committee and other relevant state bodies.

“There are restrictions on the trade of medical products with all countries that aren’t part of the Eurasian Economic Union,” the deputy minister was quoted as saying by News.am.