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Potential of Armenian-Iranian integration not fully realized

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  • Potential of Armenian-Iranian integration not fully realized

    Potential of Armenian-Iranian integration not fully realized


    YEREVAN, April 18. /ARKA/. The potential of Armenian-Iranian
    integration has not been fully realized, stated Armen Darbinyan, Rector
    of the Armenian-Russian (Slavonic) University (RAU).

    `We have been speaking of Armenian-Iranian projects for ten, or even
    for 15, years and although they are closer to being launched than ten
    years ago, we would like to see them more dynamic,' Darbinyan stated at
    the conference `Global financial and economic crisis: genesis and
    prospects' held at the RAU.

    Among the projects he included an Iran-Armenia products pipe line,
    construction of an oil refinery, a railway, as well as the construction
    and joint operation of a hydro-power plant on the Araks river.

    RA Minister of Transport and Communications Gurgen Sargsyan and Iranian
    Minister of Road and Transportation Hamid Bihbahani signed a final
    agreement on the construction of an Armenia-Iran railway in Teheran
    this April. The agreement was signed during a visit paid to Iran by an
    Armenian delegation headed by RA President Serzh Sargsyan.

    RA Minister of Energy and Natural Resources Armen Movsisyan stated
    earlier that the construction project for the Meghry HPP on the Araks
    River, which is estimated at $240mln, had been launched, with design
    work being in progress.

    The construction project for an Iran-Armenia products pipe line has
    been launched as well, and field
    operation is under way.--0--
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