Expert: Armenia needs to be more active in presenting its business legislation to entrepreneurs from Iran

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YEREVAN, February 26. /ARKA/. Armenia’s Prime Minister Nikol Pashinyan’s first official visit to Iran, slated for February 27, is expected to give a new push to development of bilateral relations, according to an Armenian expert on Iranian affairs Armen Israelyan.

Speaking at a news conference today he said the Armenian government needs to be more active in presenting the country’s business and relating legislation to entrepreneurs from Iran.

“Iranian businessmen should be well aware of Armenian laws, customs duties and other issues of their interest,” said Israelyan.

According to him, creation of an electronic platform with the necessary information on Armenian and Farsi is an option.

Israelyan singled out the ‘paternalistic’ customs policy of Iran that prevents other countries, including Armenia, from increasing their exports to Iran. He said in this situation the agreement on free trade zone between the Eurasian Economic Union and Iran, located near the town of Meghri in southern Armenia, on border with Iran, is beginning to play a bigger role.

“The agreement will give an economic effect only after companies start registering in the free trade zone If there is no communication, no cooperation, then no economic activity should be expected,” said Israelyan.

He said the low level of economic cooperation with Iran is a problem not only for Armenia, but also for other members of the Eurasian Economic Union, which includes also Russia, Kazakhstan, Belarus and Kyrgyzstan.

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