“Regarding Iran's current situation it is possible to cooperate and work together during sanctions,” Toumanian said in a meeting with Kerman province's governor on Wednesday.
“Iran and Armenia can cooperate in many different fields and these collaborations must be identified and accounted for based on the priorities of the two countries,” he said.
Toumanian went on to say that Iran possesses good economic resources and the level of cooperation between Iran and Armenia has the potential to increase in the future.
“Iran-Armenia neighborhood and membership of Armenia in Eurasian Economic Union (EAEU) are among the prominent potentials of Armenia which can boost bilateral ties and economic interactions between the two countries," he added.
In a relevant development in December, Iran and Armenia signed a memorandum of understanding (MoU) to boost cooperation on technical and vocational training as well as labor and employment.
The MoU was signed by Iran's Minister of Cooperative, Labor and Social Welfare Mohammad Shariatmadari and his Armenian counterpart Zaruhi Batoyan.
“Iran has always been seeking ways to promote ties with its neighbors and all regional states,” Shariatmadari said during a meeting in Tehran.
The Iranian Labor Minister underlined the need to facilitate the implementation of the previous memoranda signed on labor and social affairs in 2011.
Batoyan, for his part, referred to many common areas of cooperation between the two countries, and voiced his country’s willingness to benefit from Iran's experience in the fields of training vulnerable people, disabled, children and elderly and women.
The Armenian minister added that the joint projects will help both countries improve dynamism in their societies.
He invited Shariatmadari to visit Armenia in 2020.