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Iran's Ahmadinejad visits neighbour Armenia

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  • Iran's Ahmadinejad visits neighbour Armenia

    Agence France Presse
    December 23, 2011 Friday 7:46 AM GMT

    Iran's Ahmadinejad visits neighbour Armenia

    YEREVAN, Dec 23 2011


    Iranian President Mahmoud Ahmadinejad son Friday arrived in Armenia
    for talks as the Islamic republic and its small Christian neighbour
    seek to boost economic links.

    Ahmadinejad met his counterpart Serzh Sarkisian and is due to sign
    several bilateral agreements, the Armenian presidential administration
    said, amid growing cooperation between Tehran and Yerevan.

    One of the agreements will schedule the start of construction work on
    a hydro-electric power station on the Arax river which runs along the
    two countries' border, the Armenian energy ministry said.

    Suffering from long-term political disputes with two of its other
    neighbours Turkey and Azerbaijan, which have led to an economic
    blockade and closed borders, ex-Soviet Armenia has been developing
    closer ties with Iran.

    Trade turnover between Tehran and Yerevan has been increasing, from
    $206 million (157 million euros) in 2009 to $273 million (209 million
    euros) last year -- a significant boost for impoverished Armenia's
    economy.


    From: Baghdasarian
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