TEHRAN (Tasnim) � Iran's Minister of Economic Affairs and Finance Ali Tayyebnia on Wednesday expressed the country's willingness to promote its relations with neighboring Armenia.

Iran sees no limitations for the development of ties with Armenia, he said, adding that Tehran is ready to remove any obstacles to the reinforcement of bilateral cooperation.

He made the remarks in a meeting with Armenia's Ambassador to Iran Artashes Tumanyan in the capital city of Tehran.

"Iranian companies enjoy good capabilities in the field of technical and engineering services and are ready to participate in the implementation of different projects in Armenia," the Iranian minister stated.

Tayyebnia further highlighted the outstanding relations between the two countries throughout the history, but at the same time noted that the current level of bilateral economic and trade ties is not acceptable.

Tumanyan, for his part, referred to the recent accession of Armenia to Eurasian Economic Union, saying that it can be a good opportunity for Iran�s economy.

"Iranian businessmen and economic activists can seize the opportunity to present their goods in the large markets of Eurasia," he added.

The meeting came a few days after Iran's Deputy Foreign Minister for Asian and Pacific Affairs Ebrahim Rahimpour conferred with Armenian foreign and energy ministers on ways to develop economic cooperation between the two countries.

By Tasnim News Agency