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Iran Considering Armenian Investment As Strategic

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  • Iran Considering Armenian Investment As Strategic

    IRAN CONSIDERING ARMENIAN INVESTMENT AS STRATEGIC

    SteelGuru
    April 29 2009
    India

    Mehr News Agency cited Mr Arthur Baghdasaryan the secretary of the
    National Security Council of Armenia as saying that Iranian investment
    in Armenian projects is of strategic importance.

    Mr Arthur Baghdasaryan said that Iran's share of investment in Armenian
    projects will reach USD 980 million.

    The official pointed out the importance of the Iran & Armenia railway
    and said that the project makes the connection of Armenia to other
    central Asian countries via Iran possible, adding that it would create
    great job opportunities.

    The 470 kilometer long Iran & Armenia railway, connecting the border
    regions and creating the first rail link between the two countries,
    is expected to boost trade relations.
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