Financial Tribune - The private sectors of Iran and Armenia signed two memoranda of understanding to expand their presence in the Eurasian Economic Union market and increase economic ties between Iranian and Armenian businesswomen at Iran’s Chamber of Commerce, Industries, Mines and Agriculture in Tehran on Monday.

The signatories were member of ICCIMA board of directors and head of the National Center for Iranian Business Women, Fatemeh Moqimi, and the head of Armenia’s Businesswomen Support Foundation, and advisor to the president of Armenia’s Chamber of Commerce and Industry on business, tourism and event management, Lilya Gevorgyan.

The two sides also agreed to boost and support women’s entrepreneurial capabilities in trade and expand collaboration in tourism.