Tehran, April 2, IRNA � Armenian President Serzh Sargsyan said the lifting of sanctions on Iran opens new opportunities for the businessmen of Armenia.


According to Armenia's NEWS.am, Sargsyan, who is on a working visit to the US, stated the aforesaid during his lecture delivered at the John F. Kennedy School of Government at Harvard University.

'The reaching of an agreement over Iran�s nuclear program was a very positive development for Armenia,' he added.

�It is apparent that, to be interesting for the major foreign economic partners, Armenia�s small market (�) needs to be integrated into the formats of greater economic cooperation,� the President stressed.

�Being clearly aware of this fact, we [i.e. Armenia] became a member in the Eurasian Economic Union. [But] of course, this doesn�t prevent us from enlarging the agenda of our cooperation with the EU [i.e. the European Union], in a normal way.�

Sargsyan added that Armenia is endeavoring to advance its joint energy and transport projects with some of its neighboring countries.

�With such initiatives, Armenia is trying to reduce the losses of the decades of [ongoing] unlawful blockade imposed by its eastern [i.e. Azerbaijan] and western [i.e. Turkey] neighbors,� Sargsyan added.

By IRNA