Ratification of the free trade agreement between Iran and Armenia will make it possible to import and export over 300 types of products by paying a small customs duty on the border. This is what Armenia’s Minister of Economic Development and Investments Tigran Khachatryan told journalists at the National Assembly on 4 March.

The Minister noted that the agreement would also be ratified by Iran and added that it would not have an impact on the customs duty for importing fuel.