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TEHRAN: Iran's Investment In Armenia Hit $980 Mln

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  • TEHRAN: Iran's Investment In Armenia Hit $980 Mln

    IRAN'S INVESTMENT IN ARMENIA HIT $980 MLN

    Moj News Agency
    April 27, 2009 Monday
    Iran

    Iran`s investment in Armenia reached $980 million, head of National
    Security Council of Armenia said adding that increasing the Islamic
    Republic`s investment in Armenia was one of the main subjects discussed
    in the last meeting of the Council. Referring to Armenian President`s
    recent visit to Iran, he said during Serzh Sargsian`s visit, 8
    memoranda of understanding were signed between the two countries in
    various fields including railways transportation, railways links,
    hydroelectric power station, free trade, petroleum pipeline, energy
    and banking.
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