Armenia, Iran to manufacture agricultural machinery

Iran and Armenia signed a Memorandum of Understanding on joint production of agricultural machinery Iran’s commercial attaché to Armenia said on Sunday. 

Mohsen Rahimi said that an Iranian company has inked a MoU with Armenia’s business development fund to jointly manufacture agricultural machinery in the Armenia. 

Mohsen Rahimi said that an Iranian company has inked a MoU with Armenia’s business development fund to jointly manufacture agricultural machinery in  Armenia. The agreement was signed with Armenian deputy minister of Economic Development and Investments and deputy ministry of Agriculture in attendance, he added.

Under the agreement, an Iranian company will export Knock-down kit (CKD) parts to Armenia and do the assembling in the country, Trade Promotion Organization of Iran reported.

The Iranian sees the entry into  Armenia’s market as the first to export machinery to member states of Eurasian Economic Union.

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