0146 GMT October 16, 2018
Kazem Sajjadi made the remarks during the opening ceremony of Iran's Economic Exhibition in Yerevan on Friday which was attended by 50 Iranian companies, IRNA reported.
A number of Iranian and Armenian officials also were present at the inauguration ceremony. The fair will be open to visitors until Monday (September 25).
The Iranian ambassador said Iran is a huge country in the Middle East whose capabilities in the economic and commercial fields have been proved to the world.
Noting that one of the main priorities of Iran's incumbent administration is to communicate with its neighbors and promote economic and trade relations, Sajjadi noted that Iranian and Armenian producers can establish joint factories and export industrial products to global markets.
Such exhibitions will make the Iranian and Armenian tradesmen gain more knowledge about each other, he added.
"They will encourage producers to invest in both countries to prevent capital and manpower influx to Western states."
Congratulating Armenia on the 26th Independence Day (September 21, 1991), Sajjadi said that Iranian and Armenian nations have coexisted peacefully since ancient times and will have the same attitude towards each other in the future.
He also called on Armenian officials to focus on promoting health tourism, expanding halal food market, and reconstructing the infrastructure of North-South Corridor as plans which would further foster collaborations between the two countries, improve relations and boost trade ties.