Tehran (IP) - The Chairman of Iran's Trade Promotion Organization (TPO) reported the establishment of the production line of Iranian automobiles in Armenia.

Iran PressIran News: Alireza Peyman Pak said on Sunday that the project was aimed at exporting Iranian cars to Eurasian countries. 

Peyman Pak said that an Iranian car manufacturer and an investor on behalf of Armenia announced readiness to produce cars in Armenia, with the Armenian Ministry of Economy and the Iranian Ministry of Industry, Mining and Trade pursuing the project.

He added that the private sector of Armenia would buy the cars from Iran and sell them in the country's market. 219

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