MosJan Posted September 26, 2001 Report Share Posted September 26, 2001 AN AGREEMENT ON ESTABLISHING JOINT ENTERPRISE OF RUBBER TO BE SIGNEDThe government of Armenia decided at September 20 session to invest the main assets of Nairit-1 and Nairit-2 synthetic rubber producing companies in the constituent capital of a joint Armenian-Chinese rubber plant to be built in China. It should be mentioned that according to the preliminary arrangements, the Armenian share in the enterprise, to be established jointly with China's joint stock company of synthetic rubber of Shansi, will make 40%. According to the deputy minister of trade and industry Ashot Shahnazarian, at present the Armenian side works at forming the corresponding agreement. As Mr. Shahnazarian said, the agreement is supposed to be signed till the middle of October in China. © Copyright AZG Quote Link to comment Share on other sites More sharing options...
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