Baku, Azerbaijan, May 23
By Umid Niayesh - Trend:
Iran and Armenia have signed a memorandum of understanding to boost bilateral cooperation in civil aviation field.
The memorandum is intended to eliminate the restrictions on the capacity of the cargo flights between the two countries, Iran's IRIB news agency reported on May 23.
The memorandum was signed by the head of the Iran's Legal and International Affairs Department of the Civil Aviation Organization, Mohammad Saeed Sharafi and the deputy minister of economy of Armenia, Sergey Avetisyan in the Armenian capital city of Yerevan on May 22.
Iran and Armenia agreed to increase the number of flights between the two countries from 3 to 50 per week, Sharafi said.
Earlier Iran's commercial attaché in Armenia announced that the trade turnover between the two countries totaled $293 million in 2013.
According to the Iranian official, Iran's exports to Armenia mainly included bitumen, industrial oil, ammonium nitrate, soybean oil and oxides while Armenia's main exports to Iran were aluminum and cast iron scraps.