11 September 2010 - 18:07
Iran’s wheat exports to Armenia

YERAVAN, Sept. 11 (MNA) – The Armenian minister of agriculture stated that his country imports wheat and other grains from Iran.

The Islamic Republic of Iran Broadcasting (IRIB) quoted Gerasim Alaverdyan as saying that several Armenian companies have been importing wheat from Iran in the past month.

 The Armenians consume about 700,000 tons of wheat a year while they produce only 200,000.

 Iran-Armenia trade is $250 million a year of which Armenia’s imports from Iran are $145 million.

 Construction material, chemicals, machinery and high-tech items constitute a portion of the products Armenia imports from Iran.

 Armenian traders say that if Iranian wheat continues to have a competitive price and good quality due to the proximity of the two countries and the lower price of transportation, Tehran will turn into one of the main exporters of this product to Armenia.   

 MRK/SJ

END

MNA

News Code 41802

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