YEREVAN. – Armenia-Iran railway will boost cooperation between the countries, executive director of the Iranian Export and Development Bank Ali Saleh Abadi said during Armenia-Iran business forum in Yerevan.

The neighboring countries are naturally priority for Iran in terms of development of relations, he assured.

“Iran's presence at the markets of its neighbors is more competitive than at the further markets. There are growing possibilities both in the area of goods and engineering and technical services,” he noted.

Organization of such forums raises awareness of the entrepreneurs about the economic capabilities of each other in order to develop economic relations between the countries.