In the nearest future, with the private capital shares of Armenia, Greece and Iran, Union of Merchants will be established. That decision was made at the meeting of the Executive committee on economic cooperation Armenia-Greece-Iran in Teheran November 12. As “Arminfo” agency reports with reference to the Irani sources, Commerce and Industry Chambers and financial structures of the three states will participate in the Union of Merchants activities. The establishment of the Union will let find new ways of cooperation, discuss possible realization of joint programs including the tourism projects “Silk Road” and “Civilization” as well as Irani gas supplies to Armenia and participation in national projects. The meeting participants made a number of decisions to activate cooperation in the energy, tourism and transport spheres. It is expected that these documents will be signed during the coming meeting of the foreign ministers of the three states in Teheran.