YEREVAN, OCTOBER 6, ARMENPRESS. Republic of Armenia Minister of Energy and Natural Resources Yervand Zakharyan invited Iranian bankers to Armenia to coordinate cooperation in that sphere.

As “Armenpress” reports referring to “Mehr” news agency Yervand Zakharyan, Armenia’s Minister of Energy and Natural Resources, noted the aforementioned during his meeting with Ali Salehabadi, the Governor of Export Promotion Bank of Iran on October 5.

 Also Salehabadi, in the meeting, voiced hope for expansion of banking relations between the two nations after tapping the current project.

Tehran and Yerevan signed a contract in 2004 for the annual exports of about 2.3 billion cubic meters of Iran’s gas to Armenia in return for Iran’s importing electricity from its neighboring country.

In March, Armenian Energy Minister Armen Movsisian said Armenia planned to increase its imports of gas from Iran to 2 billion cubic meters per year, an increase of nearly 75 percent.

The 9th session of the Armenian-Iranian Joint Intergovernmental Committee was held in Yerevan on January 27, 2010 as a result of which memorandum of understanding was signed. According to the latter the parties reached agreements related to trade, banking, transport and communication, agriculture, healthcare and other sectors.