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Armenia-Iran Trade and Investment recourses to be discussed

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  • Armenia-Iran Trade and Investment recourses to be discussed

    Aysor, Armenia
    Feb 6 2010

    Armenia-Iran Trade and Investment recourses to be discussed


    The ARMEX 2010 International Seminar on trade and investment resources
    will be held in Iran on February 9-10.

    Chief of the Department of Export Promotion of the Armenian
    Development Agency, Lusine Tumian, told Aysor's correspondent that
    Armenian delegation to Iran will be headed by Vashram Nersisyants, an
    Advisor for Economic Affairs to President.

    The seminar will focus mainly on items of trade, transport, industry,
    agriculture, banking, and investment recourses.

    Iran is the 8th largest trade partner of Armenia. It is expected that
    Iranian investments in Armenia may reach $980 million. It's worth
    mentioning that a Memorandum of Understanding was signed between
    Armenia and Iran in the framework of the Armenia-Iran
    intergovernmental session, which was held in Yerevan on February 3.
    The Memorandum contains three strategic programs: Armenia-Iran
    railway, power plant on the Araks River, and terminal and pipeline.
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