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TEHRAN: Important Projects On Iran-Armenia Agenda - Foreign Minister

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  • TEHRAN: Important Projects On Iran-Armenia Agenda - Foreign Minister

    IMPORTANT PROJECTS ON IRAN-ARMENIA AGENDA - FOREIGN MINISTER

    IRNA website, Tehran
    20 Jul 07

    Yerevan, 20 July: Iran's Foreign Minister Manuchehr Mottaki said
    Friday [20 July] that important projects are on the agenda of Iran
    and Armenia.

    Addressing the inauguration ceremony of the 7th session of the
    Iran-Armenia Joint Economic Cooperation Commission, Mottaki said,
    "The two countries' relations have improved significantly over
    recent years."

    Mottaki added that many documents have been signed in the economic,
    energy, investment and transportation sectors and finalization of
    other important documents is on agenda.

    Referring to the free trade agreement between the two countries,
    he expressed hope that signing it would cause a huge jump in mutual
    economic transactions.

    Iran's foreign minister notified that Iran-Armenia gas pipeline, two
    electricity transmission lines and wind power station, undertaken by
    Iran in Armenia, are examples of good progress in implementation of
    mutual agreements.

    He added that agreement on Aras hydroelectric power station, study
    of Iran-Armenia railway connection, establishment of a refinery in
    Armenia by Iran, Russia and Armenia and of Iranian trade centre in
    Armenia with participation of private sector are also on agenda.

    Armenian energy minister and head of Armenian delegation in the
    Joint Economic Cooperation Commission pointed to inauguration of
    Iran-Armenia gas pipeline by Iranian President Mahmud Ahmadinezhad
    and termed it a historical event which opens a new page in history
    of bilateral relations.

    Meeting of the experts of the joint commission began in Yerevan on 17
    July, and their officials are due to sign Memorandum of Understanding
    (MOU) on Friday.

    Mottaki and the accompanying delegation arrived in Yerevan Friday
    morning to attend the Joint Commission session.

    Volume of mutual transactions stands at 200 million dollars, about
    160 million dollars of which coming from Iran's exports to Armenia
    and the remaining 40 million dollars from the Republic's exports to
    the Islamic state.
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