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Tehran: Iran, Armenia sign seven cooperation agreements and a statem

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  • Tehran: Iran, Armenia sign seven cooperation agreements and a statem

    Iran, Armenia sign seven cooperation agreements and a statement

    IRNA, Iran
    Sept 8 2004

    Yerevan, Sept 8, IRNA -- Iranian and Armenian economic delegations,
    in the presence of President Mohammad Khatami and President Robert
    Kocharian, here Wednesday signed seven agreements on energy cooperation
    as well a statement.

    The first contract, signed by the two countries` presidents,
    envision mutual cooperation and relations as well as the prospects
    of cooperation in various fields.

    The Iranian and Armenian ministers of energy signed a document on
    energy cooperation.

    The other contracts are related to mutual cooperation in the fields
    of power supply, construction of a wind farm in Armenia, procedure
    for customs agreement, financing the laying of a 40 kilometer gas
    pipeline and the third power transmission line in Armenia.

    Export Development Bank of Iran (EDBI) and Armenian Sabir Co.,
    are scheduled to finance laying of the gas pipeline in Armenia.
    An executive document on partly construction of a gas pipeline,
    a contract on mutual cultural exchange in the 2004-2007 period and
    the protocol of the fifth Iran-Armenia Joint Economic Commission are
    among the agreements inked by the two countries.

    In the protocol on the fifth Iran-Armenia Joint Economic Commission,
    the two sides agreed to cooperate in fields of transportation, energy,
    communication, agriculture and border trade. At the invitation
    of his Armenian counterpart Robert Kocharian, President Mohammad
    Khatami arrived in Yerevan on Wednesday morning on the first leg of
    a three-nation regional tour.

    The Republic of Armenia is situated in south-west Transcaucasia,
    on the north-eastern border of Turkey. Its other borders are with
    Iran to the south, Azerbaijan to the east and Georgia to the north.
    The Nakhichevan Autonomous Republic, an Azerbaijani territory, is
    situated to the south, separated from the remainder of Azerbaijan by
    Armenian territory.

    Located in an area of 29,800 sq km, Armenia is the smallest republic
    in the former Soviet Union.
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