Tehran, Yerevan to hold joint economic committee meeting

TEHRAN,Oct.25(MNA) – Iran and Armenia will hold their 11th joint economic committee meeting on Thursday in the Armenian capital city of Yerevan. Iranian Energy Minister Majid Namjou, heading a 37-member delegation, is scheduled to hold talks with Armenian high-ranking officials. In December 2011, Iranian President Ahmadinejad and his Armenian counterpart Serzh Sargsyan signed five cooperation agreements and memorandums of understanding in Yerevan. Building and operating hydroelectric power plants on Aras River which runs along the two countries' border, cooperation between national standards institutes of the two sides, cooperation in the social welfare sector, and cooperation in the field of environment protection were among the agreements. Armenian Ambassador to Iran Grigor Arakelyan has said that trade turnover between Tehran and Yerevan grew up by 40 percent, reaching to $300 million last year.