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Armenia, Iran Sign Deal To Build Strategic Rail Link

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  • Armenia, Iran Sign Deal To Build Strategic Rail Link

    ARMENIA, IRAN SIGN DEAL TO BUILD STRATEGIC RAIL LINK

    RIA Novosti
    20:59 | 15/ 04/ 2009

    YEREVAN, April 15 (RIA Novosti) - The Armenian and Iranian transport
    ministers signed on Wednesday an agreement to build a railway linking
    Armenia with Iran's Persian Gulf ports, the Armenian TV5 channel
    reported.

    The construction of the 470-kilometer long railway, with 410 kilometers
    passing through Armenian territory, is expected to last for at least
    five years and to cost $1.5-$1.8 billion.

    "It is difficult to estimate the cost as the length of the tunnel has
    not been determined and the construction of a tunnel is relatively
    expensive," Armenian Transport Minister Gurgen Sargsyan said.

    Landlocked Armenia, currently under economic blockade by neighboring
    Turkey and Azerbaijan, has railway links with other countries only
    through Georgia.

    A memorandum of understanding on the strategic route was signed by
    Sargsyan and his Iranian counterpart, Hamid Behbahani, on April 3. A
    working group will take about three months to do a feasibility study,
    Sargsyan said on Wednesday.

    The railway connecting the northern Armenian city of Sevan to the
    southern city of Meghri, bordering Iran, will ensure the transportation
    of energy supplies and other goods, and increase trade between the
    countries.
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