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Armenian-Iranian Joint Venture Will Manufacture Deep Liquid-Drainage

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  • Armenian-Iranian Joint Venture Will Manufacture Deep Liquid-Drainage

    ARMENIAN-IRANIAN JOINT VENTURE WILL MANUFACTURE DEEP LIQUID-DRAINAGE PUMPS

    news.am
    April 17, 2012 | 15:51

    YEREVAN. - Armenia's Armelectromash Company President Seyran Matevosyan
    and Iran's Khorasan Agricultural Industry Company Executive Director
    Hadi Abdollahian signed, in the Armenian capital Yerevan on Tuesday,
    the agreement on founding an Armenian-Iranian joint enterprise.

    According to the agreement, deep liquid-drainage pumps will be
    manufactured at the Armelectromash Company, the Armenian Chamber of
    Commerce and Industry informs.

    And the Chamber's President Martin Sargsyan assured that, aside from
    creating numerous new jobs, Armenia will have a new domestic product,
    which will venture into the foreign market and also will carry out
    local orders in Armenia.


    From: Baghdasarian
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