Armenian deputy economy minister stressed that Yerevan and Tehran should use capacities to expand bilateral trade and economic cooperation, IRNA reported.
Ara Petrosyan made the remark at Iran-Armenia business forum in the presence of visiting Iranian Head of Tehran Chamber of Commerce, Industries and Mines Yahya Al-e Eshaq.
According to Saturday report of Chamber of Commerce and Industry of Armenia, Petrosyan said his country attaches great importance to economic relations with Iran.
He announced that annual trade exchanges between the two countries worth 300 million dollars, underlining the need for increasing the figure.
The Iranian official, too, said Tehran is ready to deepen economic ties with Yerevan.