Armenia Ready For Automobile JV With Iran

Qatar News Agency
January 16, 2013 Wednesday 10:46 AM EST

Armenia Ready For Automobile JV With Iran

Tehran, January 16 (QNA) – Armenia is ready to set up a joint venture
with Iran’s automobile industry, a senior provincial official has
said.

Governor-General of Armenia’s Syunik province Suren Khachatrian made
the remarks in a meeting with Governor-General of East Azarbaijan
Alireza Beigi in Tabriz, a Fars news agency report said.

“Syunik province can pave the way for the presence of East
Azarbaijan’s auto industry in global markets by setting up assembly
lines of Iranian cars,” Khachatrian said.

He noted that the two countries have considerable capacities for
boosting and reinvigorating their joint investments.

Armenia is a member of the World Trade Organization and its Gross
Domestic Product is $9.4 Billion. Armenia’s per capita income is
$5,700 and the volume of foreign investment in the country is $570
Million, Fars said. (QNA)

SSS,LY

From: Baghdasarian

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