Director General of International Affairs of the Iranian Ministry of Labor and Cooperatives Hamed Forouzan said Iran will open a business center in Armenia on a permanent basis, Mehr reports.

At a webinar, Hamed Forouzan said a memorandum of cooperation will be concluded between Iran and Armenia to determine the capabilities of the two parties in the field of production and trade in products and services.

Valuable potential will be discovered during the visit of the Iranian Labor Minister to Yerevan, according to Forouzan.

The IRI representative also stressed the readiness of Iranian professors to provide technical and professional skills training centers, insurance consultations and services for pensioners and the disabled.