Armenia stands ready to interact with Iran’s East Azerbaijan Province in the production of automobiles. Governor Suren Khachatryan of Armenia’s Syunik Region stated this on Tuesday in Tabriz, Iran, Fars News Agency of Iran reports. 

“By way of creating a new assembly line for Iranian automobiles, Syunik Region could contribute to the introduction of [the province of] East Azerbaijan’s industry to the international market,” Khachatryan said. 

He noted that both countries possess a significant potential to increase joint investments. Also, Armenia is a member of the World Trade Organization, and its GDP reaches $9.4 billion.