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Iranian Leader Hails 'Excellent' Rapport With Armenia

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  • Iranian Leader Hails 'Excellent' Rapport With Armenia

    IRANIAN LEADER HAILS 'EXCELLENT' RAPPORT WITH ARMENIA
    By Anna Saghabalian

    Rdaio Liberty, Czech Rep.
    Oct 22 2007

    Iranian President Mahmoud Ahmadinejad praised his country's "excellent"
    relationship with Armenia on Monday as he began a two-day official
    visit to Yerevan largely focusing on bilateral cooperation in the
    energy sector.

    Speaking after talks with President Robert Kocharian, Ahmadinejad said
    Iran remains committed to deepening ties with Armenia as it believes
    they are "very important" for the two nations and the region as a
    whole. "An independent Armenia, a developed Armenia is beneficial
    for the region and regional security," he said.

    Ahmadinejad also emphasized the fact that he and his Armenian
    counterpart are meeting for the third time in 16 months. "This
    testifies that relations between the two countries are strong, stable
    and developing," he told a joint news conference with Kocharian.

    Kocharian described their latest meeting "very frank and open"
    and thanked the Islamic Republic for making relations with its sole
    Christian neighbor a "priority." "I would especially note our projects
    in the energy sector," he said. "The construction of the gas pipeline
    [that will pump Iranian natural gas to Armenia] is continuing."

    "We discussed and reaffirmed the possibility of building an oil
    refinery [in Armenia] and an [Armenian-Iranian] railway," Kocharian
    added, referring to fresh multimillion-dollar Armenian-Iranian projects
    which are currently undergoing feasibility studies.

    The refinery project also enjoys the backing of Russia's government and
    energy corporations like Gazprom. The latter has expressed readiness
    to investing most of an estimated $1 billion needed for building the
    facility in Armenia's southeastern Syunik region bordering Iran. The
    refinery would process Iranian crude oil and cater for the Iranian
    market.

    Ahmadinejad and Kocharian met in Syunik last March during the
    inauguration of the first Armenian section of the gas pipeline from
    Iran. The pipeline's second, much longer section is expected to be
    completed by the end of next year. Much of Iranian gas to be supplied
    to Armenia will be converted into electricity that will in turn be
    delivered to Iran. The two states are currently building a third
    high-voltage transmission line connecting their power grids.

    Kocharian also announced that he will open later this week a second,
    bigger Armenian highway leading to the Iranian border. He said the
    mountainous road will allow for a major increase in Armenian-Iranian
    trade.

    The volume of bilateral commercial exchange rose by 22 percent to just
    over $100 million in the first eight months of this year. Still, Iran
    accounted for less than 4 percent of Armenia's overall external trade.

    The talks between Ahmadinejad and Kocharian were followed by the
    signing of Armenian-Iranian agreements on mutual protection of
    investments, cooperation between the two countries' central banks and
    regular high-level diplomatic contacts. The Iranian president met with
    students and professors at Yerevan State University later in the day.
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