Baku, Azerbaijan, Jan. 12
By Rahim Zamanov - Trend:
Tehran province needs to boost its bilateral trade ties with Georgia, head of Tehran province's Industry, Mine, and Trade Organization, Yedollah Sadeqi, said on January 12, the IRIB News Agency reported.
"The province's bilateral trades with Georgia currently stand at around $15 million, which is not acceptable at all," he said.
He went on to note that Iran's total trade ties with Tbilisi are around $150 million.
Georgia plans to invest $40 million in Iran's Andarian gold mine, located in the north-eastern Kharvana region, the governor of Kharvana, Davoud Amnzadeh, said on January 11, the IRNA News Agency reported.
"A plant will be constructed in the region," Amnzadeh said, adding that Georgian investors will own 90 percent of the plant's shares.
"Once the plant comes on stream over 600 direct and indirect job opportunities will be created," he said.
The plant will have the capacity to produce 2 tons of gold concentrate (60 percent gold and 40 percent silver).