17:07:27 - 03/04/2009

On April 3, a memorandum has been signed in Yerevan on the construction
of the Armenian-Iranian railway. It was signed by the Armenian
minister of transport and communication Gurgen Sargsyan and his
Iranian counterpart Hamid Behbahani.

The Armenian minister said that another memorandum will be signed in
Iran too when the Armenian president Serge Sargsyan will pay a visit
to that country. Armenia and Iran have already set up a working group
for the railway construction. The railway construction is planned
to cost 1, 2 billion dollars, the length of which will be 470 km 60
km of which will be situated in the Iranian territory and the 410 km
in Armenia. The railway will have an important significance for the
bilateral relations.