YEREVAN. – Armenian Economy Minister Karen Chshmarityan said the country can work with Iran in almost all areas.
Iran is a multimillion market that has been under embargo for 37 years, and its economy has serious potential.
“Certain use of its potential in our bilateral cooperation is very important and perspective for Armenia,” he added.
In line with the agreement reached in Vienna on July 14, Iran is supposed to drastically reduce the stock of low-enriched uranium, as well as dismantle some key nuclear facilities, such as heavy water reactor in Arak and Fordow underground enrichment plant.
In return, the EU and the U.S. will lift oil embargo and other trading limitations, as well as will allow Iran to access to Swift electronic banking system.
