// IP Marketing video - START// IP Marketing video - END

Armenia, Iran ink 5-year lease agriculture agreement

Armenia, Iran ink 5-year lease agriculture agreement

PanARMENIAN.Net - Iran and Armenia will sign a new agricultureagreement during RA Syunik province governor’s visit to Iran’s East Azerbaijan Province, Director-General of East Azerbaijan province Department of Agriculture Jihad said.

“Under the new agreement, Syunik province will for five years let on lease pasture for five thous. heads of cattle from East Azerbaijan province,” Massoud Mohammadian said.

“Armenia will get agricultural equipment in exchange,” he said, voicing Iran’s plans to construct a meat-packing plant and feed materials production Center in Armenia, İRNA reported.

 Top stories
Cryptocurrency fever seems to have spread to the former Soviet republics with Armenia, the land of Mount Ararat, being one of them.
Armenia’s exports grew 25% in 2017 against 2016 to amount $2,242 billion overall, the National Statistical Service reveals.
Fitch Ratings affirmed the sovereign's Long-Term Foreign- and Local-Currency Issuer Default Ratings (IDRs) at 'B+'.
Armenia's economy is expected to expand by 5.8% in 2017 and grow further by 3.8% and 3.6% in the following two years, the UN said.
Partner news