Armenia ready for joint car assembly line

[Yervant1]

Armenia ready for joint car assembly line

 

Zawya.com

Jan 16 2013

 

An Armenian provincial official said his country is ready for

auto-making cooperation with Iran's northwestern province of East

Azarbaijan.

 

 

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

issues.