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March 29
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Economic free-zone between Armenia and Iran can help with the work of the Iranian goods , said Manuchar Kutateladze, one of the managers of the Russian company X5 Retail Group, in an interview with the NEWS.am. Manuchar Kutateladze is currently in Armenia to participate in " Made in Armenia" exhibition .

The officials of Armenia and the Eurasian Economic Commission introduced  perspectives of the new zone. The zone can make the Iranian products reach the Russian market easily. "We contact with the Iranian companies. Currently, Iran is provides fruits and vegetables for our shops but our cooperation can be expanded , " said Kutateladze.

Financial institutions, in their turn, are ready to offer insurance mechanisms for currency risks. Moreover, it is not only about the currency hedge. "In this case we, in any case, are close to dollar, but we can withdraw from it. What I say is that each country that has its own currency can work with that currency. There are mechanisms. Business provides an idea, while the financial sector starts seeking  possible means, he added.  The Russian X5 Retail group concern merges with  "Pyatyorochka," "Perekryostok" and "Carousel" supermarkets.
 

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This text available in   Հայերեն and Русский
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