{"id":102637,"date":"2016-10-25T09:42:36","date_gmt":"2016-10-25T09:42:36","guid":{"rendered":"https:\/\/armbanks.am\/2016\/10\/25\/245349\/"},"modified":"2024-12-15T13:25:54","modified_gmt":"2024-12-15T13:25:54","slug":"armenia-iran-discussing-prospects-for-deepening-financial-cooperation","status":"publish","type":"post","link":"https:\/\/armbanks.am\/en\/2016\/10\/25\/102637\/","title":{"rendered":"Armenia, Iran discussing prospects for deepening financial cooperation"},"content":{"rendered":"<p><strong>YEREVAN, October 25. \/ARKA\/.<\/strong> Vardan Aramyan, Armenian finance minister, and Seyyed Kazem Sajjad, Iranian ambassador to Armenia, met on Monday and discussed prospects for modernizing Armenia\u2019s financial systems.<\/p>\n<p>Aramyan is quoted by the finance ministry\u2019s press office as saying that fast economic growth in Iran will have positive impacts on Armenia\u2019s economic growth, and this means that Yerevan is interested in stable economic growth in the neighboring country.<\/p>\n<p>\u201dEconomic sanctions against our neighbor affect also us,\u201d he said. \u201cBut things have already changed and we are happy that Iran regulates its economic relationship with other countries. I am convinced that we will manage to reach high indicators by joint efforts.\u201d<\/p>\n<p>He stressed that there is plenty untapped capacity in Armenia-Iran business relations.<\/p>\n<p>\u201cMutual investments are insignificant \u2013 Iran\u2019s investments into Armenia total $3 million and Armenia\u2019s investments in Iran amount to $250,000,\u201d Aramyan said. \u201cThis means that we have plenty to do and that we can quickly increase this indicator, given the two countries people\u2019s centuries-long trade potential.\u201d<\/p>\n<p>The minister expressed confidence that it is possible to build up Armenian-Iranian trade turnover by development and implementation of mega projects, what was impossible in the past because of economic sanctions against Iran.<\/p>\n<p>In this context, Aramyan said that there is untapped capacity not only in cooperation in energy sector, but also in other segments of the economy, for example road building.<\/p>\n<p>Seyyed Kazem Sajjad, on his side, said that Iran is interested in expansion of cooperation in insurance segment, in prospects for opening new branches by Mellat Bank in Armenia and in interaction on international financial platforms. &#8211;0&#8212;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Vardan Aramyan, Armenian finance minister, and Seyyed Kazem Sajjad, Iranian ambassador to Armenia, met on Monday and discussed prospects for modernizing Armenia\u2019s financial systems<\/p>\n","protected":false},"author":1,"featured_media":167434,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","tstyn_error":""},"categories":[12139,9216],"tags":[15837,14287,12487,14288,308],"class_list":{"0":"post-102637","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy-en","8":"category-news","9":"tag-armenia-2","10":"tag-financial-cooperation","11":"tag-iran","12":"tag-prospects","13":"tag-308"},"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/102637","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/comments?post=102637"}],"version-history":[{"count":0,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/102637\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media\/167434"}],"wp:attachment":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media?parent=102637"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/categories?post=102637"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/tags?post=102637"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}