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Iran, Armenia plan joint bank: report

12 February 2010 06:13 (UTC+04:00)
Iran, Armenia plan joint bank: report
Iran and Armenia intend to jointly establish a bank, the Iranian Foreign Ministry official dealing with economic affairs has said.
Amir Mansour Borghei was quoted by the Tehran Times newspaper as saying that such a bank should be set up in addition to developing roads and railway lines in cooperation with Yerevan.
Borghei said Iran and Armenia are linked with historic ties, which could foster stable bilateral relations in the political, economic and social areas.*

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