ITAR-TASS, Russia
 Tuesday 2:19 PM GMT


Russia ready to facilitate development of free economic zone between
Armenia, Iran - PM

EREVAN October 24

HIGHLIGHT: Russia is ready to participate in development of a free
economic zone between Armenia and Iran, Prime Minister Dmitry Medvedev
said on Tuesday.



/Update/

EREVAN, October 24. /TASS/. Russia is ready to participate in
development of a free economic zone between Armenia and Iran, Prime
Minister Dmitry Medvedev said on Tuesday.

"We have good relations with Iran, regardless of whether somebody
likes it or not, therefore if our friends plan to create such a free
economic zone, we are ready to take part in its development, including
by inviting our Russian business there," Medvedev said.

Armenia offered various format of co-investing during talks, the
Russian prime minister said. "We will think of ways to implement that,
probably with use of Russian development institutions, such as the
Russian Direct Investment Fund and VEB," Medvedev added.