"Shanxi -Nairit" Joint Armenian-Chinese Venture Opened

"SHANXI -NAIRIT" JOINT ARMENIAN-CHINESE VENTURE OPENED

armradio.am
04.05.2010 15:32

Within the framework of the visit to China President Serzh Sargsyan
participated in the solemn opening ceremony of the "Shanxi -Nairit"
joint enterprise – the largest project of the Armenian-Chinese
economic cooperation.

The "Shanxi -Nairit" joint enterprise was established on the basis of
the contract signed between the Shanxi Synthetic Rubber Group Company
(China) and the Nairit CJSC (Armenia) in 2003. The Aremnian side
holds 40% of the shares of "Shanxi -Nairit."

President Sargsyan met the Governor of Shanxi, Van Xishan. Issues
related to the perspectives of expansion of cooperation were discussed.