Iran to Export Petrochemicals to Armenia

East Azarbaijan province is to export petrochemical productions to Armenia soon.

According to provincial official Ghlomali Rasti, an agreement was signed between the northwestern Iranian province and an Armenian delegation on export of such items as combine and tractor parts to Armenia in near future.

In the agreement, he said, the province has voiced readiness to sell tractor spare parts and petrochemical items to Armenia.

The two parties also agreed to raise the volume of exchanges by 30 percent.

The present volume of exchanges between Armenia and East Azarbaijan stands at about dlrs 200 million annually.