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Iran plans to increase investments in Armenia

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  • Iran plans to increase investments in Armenia

    Iran plans to increase investments in Armenia

    IranMania
    2005-03-07 13:21:48

    LONDON - A private television channel in Azerbaijan Republic BM-TI TV
    said on Monday that many Iranian companies are planning to increase
    investments in Armenia.

    Quoting Iranian embassy's commercial attache in Yerevan Ali Najafi,
    the Azeri TV network said that Iranian and Armenian investors are
    planing to hold their first mutual trade session in 2005.

    "Iranian and Armenian investors need to obtain more knowledge on ach
    other's capabilities and potentials which necessitate the holding of
    such a meeting," Najafi underlined.

    Iran and Armenia intend to boost industrial and trade relations and
    will provide suitable opportunities for both nations' private firms,
    he said.

    Speaking in an interview with a Yerevan-based weekly in December
    Iranian Ambassador to Armenia Alireza Haqiqian said, "Iran's relations
    with foreign countries, in particular its neighbors, is based on mutual
    respect and non-interference in their domestic affairs." Expressing
    satisfaction over the current level of Iran-Armenia relations and its
    growing trend, he said that the visits of Armenia's President Robert
    Kocharian to Tehran and President Mohammad Khatami's trip to Yerevan
    played a crucial role in further strengthening mutual ties.

    He referred to some of the projects on the agenda including the
    meetings of the joint economic commission, active participation of
    Iranian tradesmen in Armenia's market, the activities of Iranian
    economic institutions there and cooperation in the energy sector.

    In response to a question whether Moscow-Baku-Tehran railway will
    replace Baku-Tbilisi-Ceyhan route, he said that given Iran's decisive
    role in the regional transit system, the interest of the countries
    of the region in cooperation with Iran is quite natural.

    He added that according to a number of specialists, the Baku-Ceyhan
    railway project is a political scheme, not economical.
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