IRANIAN-ARMENIAN OIL-PRESSING FACTORY TO BE CONSTRUCTED IN ARMENIA

YEREVAN, MAY 27. ARMINFO. Iran and Armenia agreed to construct an
oil-pressing factory in Armenia, and a $15 mln credit should be
allotted for this purpose. As IRNA informs, the agreement was reached
during a visit of Armenian delegation, headed by Armenia’s deputy
agriculture minister Samvel Avetissyan, to Iran.

Avetissyan noted that prerequisites for fulfilling investments to both
countries by Iranian and Armenian entrepreneurs were created during
this 4-day visit. -r-