TEHRAN- Russia will set up a trading house in Armenia on the border with Iran, Vestnik Kavkaza reported.

It means a joint agreement signed with the Russian Export Center on work in the Free Economic Zone (FEZ) in Armenia, the president of the Armenian public organization ‘International Forum of the Eurasian Partnership’ and the Union of Armenians of Russia, UNESCO Goodwill Ambassador Ara Abrahamyan said in Yerevan.

"We have already agreed with the investor on the public-private partnership, in particular, this involves the construction of the Russian trading house in Armenia on the border with Iran, so it will be possible to sell Russian goods to Iran," Novosti-Armenia quotes Abrahamyan as saying.

MA/MG