Announcement

Collapse
No announcement yet.

Armenian-Iranian Economic Cooperation Memorandum Signed

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

  • Armenian-Iranian Economic Cooperation Memorandum Signed

    ARMENIAN-IRANIAN ECONOMIC COOPERATION MEMORANDUM SIGNED

    ARMENPRESS
    May 31, 2011
    YEREVAN

    Bilateral agreement was signed May 30 in Tehran as a result of the 10th
    sitting of the Armenian-Iranian economic cooperation intergovernmental
    cooperation commission.

    The Memorandum of Cooperation was signed over the cooperation in
    the spheres of gas, oil, water, electricity, trade and industry. The
    document was signed by Energy and Natural Resources Minister Armen
    Movsisyan and Foreign Minister of Iran Ali Akbar Saleh.

    The Iranian minister pointed out the necessity of continuation of
    cooperation particularly in the economic sphere. The trade turnover
    between the two countries as compared with the 2009 increased by 38%
    making 270 million USD. Nevertheless the Iranian minister said the
    current trade level does not correspond to the existing potential and
    abilities though "all the possibilities exist for making the volume
    reach acceptable level". "Taking into consideration the peculiar
    location of Armenia in the region - on one hand it can tie with the
    Black Sea and on the other with the Persian Gulf through Iran. It may
    bring to positive economic fruits for the two states and the whole
    region", the Iranian minister said.

    Energy and Natural Resources Minister Armen Movsisyan said the
    Armenian-Iranian ties are on very high level and the cooperation in
    different spheres will continue. "The two countries have excellent
    political ties", the minister said.

    At the meetings in Tehran the issue on construction of Armenia-Iran
    railway has been discussed. The Roads and Transport deputy minister
    Reza Pilpaye expressed the readiness of the Iranian side to be
    involved in the construction of Iran-Armenia railway through contractor
    organizations. He said 2.5 billion USD will be invested.

    The railway station will have 540 km length of which 480 will pass
    in the territory of Armenia, 60 in Iran.

    Iranian mass media inform about the visit of the Iranian President
    Mahmud Ahmadinejad to Armenia June 6.

Working...
X