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Armenia ready for joint car assembly line

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#1 Yervant1


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Posted 22 January 2013 - 10:58 AM

Armenia ready for joint car assembly line

Jan 16 2013

An Armenian provincial official said his country is ready for
auto-making cooperation with Iran's northwestern province of East

Governor general of Armenia's Syunik province, Suren Khachatrian, made
the statement in a meeting with his East Azarbaijan counterpart,
Alireza Beigi, in Tabriz on Tuesday, Fars News Agency reported.

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

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

Armenia is a member of the World Trade Organization and its per capita
income is $5,700. Foreign investment reached $570 million last year.

Last month, Iranian Ambassador in Yerevan Mohammad Raeesi stressed the
age-old and close ties between Tehran and Yerevan, and said relations
with Armenia are of great importance to Iran.

"Iran welcomes expansion of ties with Armenia," Raeesi said in
December, adding that Iran is willing to develop cooperation with
Armenia in all areas of mutual interest.

He made the remark during his tour of Yerevan College for
International Relations Studies.

In recent years, Iran and its northern neighbor Armenia have boosted
ties, signed energy agreements and agreed to cooperate in technology
and research, and enhance economic relations.

President Mahmoud Ahmadinejad and his Armenian counterpart pledged in
December 2011 to further expand "high-level relations" between their
nations and, in particular, give new impetus to the implementation of
joint energy projects that have fallen behind schedule.

In early October, Iranian Foreign Minister Ali Akbar Salehi and his
Armenian counterpart Edward Nalbandian met at the UN Headquarters in
New York to discuss bilateral ties and regional and international

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