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On December 20, the Chair of the RA NA Standing Committee on Economic Affairs Vahe Hakobyan, the members Mkhitar Zakaryan and Hripsime Stambulyan met with the members of the delegation led by the Iran-Armenia Parliamentary Friendship Group of the Majlis of Iran Seyed Mahdi Farshadan. The Head of the Armenia-Iran Friendship Group Gevorg Papoyan also took part in the meeting.

Vahe Hakobyan highlighted the friendly relations with Iran.

Seyed Mahdi Farshadan informed that they had effective meetings and discussions in parliament. He highlighted the development of the economic ties between the two countries.

Touching upon the volumes of the trade turnover, the Head of the Iran-Armenia Parliamentary Friendship Group of the Majlis has noted that at this moment it is 350mln USD. He expressed hope that as a result of joint work, it would be possible to reach the volume of the trade turnover up to 1bln USD.

It has been noted that in 2022 it is designed to repair the Meghri Customs Point and comply it with international standards.

Both sides emphasized the development of Meghri Free Economic Zone.