This development falls under the broader framework of the Customs Cooperation and Mutual Administrative Assistance agreements between the two nations.

The signing ceremony was attended by Foroud Askari, Deputy Minister of Economy and Head of the Islamic Republic of Iran Customs Administration (IRICA), alongside Eduard Hakobyan, Chairman of Armenia’s State Revenue Committee.

The officials underscored their commitment to facilitating trade, enhancing border communications, and deepening customs collaboration.

Key provisions of the protocol include the establishment of a new border customs facility equipped with advanced technology, the introduction of a green channel for streamlined data exchange, and measures to accelerate trade processes.

Additionally, the agreement paves the way for a bilateral memorandum of understanding on mutual recognition of Authorized Economic Operators (AEO), offering specialized customs facilities, and exploring innovative solutions to optimize border procedures.

Analysts view this protocol as a significant step toward increasing trade volume between Iran and Armenia while fostering greater coordination in customs operations. The initiative reflects both countries’ strategic efforts to facilitate cross-border commerce amid evolving regional dynamics.