Islamic Republic of Iran opened an exclusive exhibition of its industrial and commercial products the Armenian capital of Yerevan on Thursday. Several Iranian and Armenian officials attended the inaugural ceremony of the exhibition. Armenian Energy Minister Armen Mosesian said that holding such exhibitions plays an important role in enhancement of bilateral economic ties. “The officials of both countries are determined to expand their bilateral ties in different fields,” he said while referring to a 40 percent increase in the volume of trade transactions between Iran and Armenia. Iran’s exclusive exhibition will continue in Yerevan until next Sunday. A total of 42 companies from nine Iranian provinces have displayed their products in the exhibition.