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Construction Of Armenia-Iran Railway To Stimulate Bilateral Turnover

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  • Construction Of Armenia-Iran Railway To Stimulate Bilateral Turnover

    CONSTRUCTION OF ARMENIA-IRAN RAILWAY TO STIMULATE BILATERAL TURNOVER OF GOODS

    NOYAN TAPAN
    FEBRUARY 10, 2010
    YEREVAN

    YEREVAN, FEBRUARY 10, NOYAN TAPAN. The ARMEX 2010 international
    economic forum on the subject "The Investment and Trade Opportunities
    in Armenia" is being held in Iran on February 9-10. The purpose
    of the event is to present those sectors of the Armenian economy
    which have much potential for investment, as well as to find new
    opportunities for cooperation. According to spokeswoman for the RA
    minister of transport and communication Susanna Tonoyan, Minister
    Gurgen Sargsyan stated this in his speech at the forum.

    Speaking about investment projects, G. Sargsyan dwelled on the
    transport and communication sectors, noting that they play a great
    role in the development of Armenia's economy. The minister pointed
    out the construction projects of the North-South motorway and the
    Armenia-Iran railway.

    Accoridng to him, the creation of direct railway communication between
    the two friendly countries will stimulate the bilateral turnover
    of goods, as well as will link the largest ports of the Persian
    Gulf and the Black Sea with each other, opening an opportunity to
    considerably increase the transit importance of both Armenia and
    Iran. The construction of the North-South motorway will help improve
    the quality and capacity of the motorway from the city of Meghri that
    borders Iran to the Georgian ports of Poti and Batumi.

    The minister presented in detail the implementation process of the
    two projects and expressed a willingness to discuss the issue of
    Iranian companies' participation in all stages of these projects.
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