Iran’s Ambassador to Armenia, Mehdi Sobhani, announced that the leadership of the Islamic Republic of Iran planned collaboration with Armenia amounting to approximately $3 billion. Speaking about the potential for economic cooperation between the two countries, Sobhani emphasized the strong foundation that existing partnerships in various sectors provide for future development.

Highlighting Iran’s expertise in road and bridge construction, the Ambassador expressed confidence in expanding cooperation in these areas. 

“Iran’s leadership has planned cooperation with Armenia amounting to approximately $3 billion, and we are confident that we will move in that direction. We are determined to utilize all available potential,” said Sobhani, noting that Iran supports Armenia and will continue to do so.

He also expressed optimism about the future of relations between Yerevan and Tehran, predicting a bright path ahead.