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Armenia In Talks With Iran Over Railroad

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  • Armenia In Talks With Iran Over Railroad

    ARMENIA IN TALKS WITH IRAN OVER RAILROAD

    RosBusinessConsulting, Russia
    April 4 2007

    RBC, 04.04.2007, Yerevan 16:25:27.It will take around $1bn to build
    a railway between Armenia and Iran, the former Soviet republic's
    acting Transport and Communication Minister Andranik Manukian told
    journalists in Yerevan. Armenia has a strong desire to implement this
    project, but it is too early to speak of its feasibility. Steps are
    currently being taken to seek investors, the minister was quoted by
    the Armenian news agency ARKA as saying.

    Manukian stressed the particular need for this project making it
    possible to set up railway service with Iran. In the long run,
    Armenia will have the chance to become a transit country in terms
    of railway transportation and enter the European market via Russia,
    the minister stated.

    The construction of a railway between Armenia and Iran is currently
    being actively discussed and is on the agenda of top-priority
    Armenian-Iranian economic cooperation projects.
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