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ARMENIAN-IRANIAN ECONOMIC COOPERATION MEMORANDUM SIGNED
ARMENPRESS
May 31, 2011
YEREVAN
Bilateral agreement was signed May 30 in Tehran as a result of the 10th
sitting of the Armenian-Iranian economic cooperation intergovernmental
cooperation commission.
The Memorandum of Cooperation was signed over the cooperation in
the spheres of gas, oil, water, electricity, trade and industry. The
document was signed by Energy and Natural Resources Minister Armen
Movsisyan and Foreign Minister of Iran Ali Akbar Saleh.
The Iranian minister pointed out the necessity of continuation of
cooperation particularly in the economic sphere. The trade turnover
between the two countries as compared with the 2009 increased by 38%
making 270 million USD. Nevertheless the Iranian minister said the
current trade level does not correspond to the existing potential and
abilities though "all the possibilities exist for making the volume
reach acceptable level". "Taking into consideration the peculiar
location of Armenia in the region - on one hand it can tie with the
Black Sea and on the other with the Persian Gulf through Iran. It may
bring to positive economic fruits for the two states and the whole
region", the Iranian minister said.
Energy and Natural Resources Minister Armen Movsisyan said the
Armenian-Iranian ties are on very high level and the cooperation in
different spheres will continue. "The two countries have excellent
political ties", the minister said.
At the meetings in Tehran the issue on construction of Armenia-Iran
railway has been discussed. The Roads and Transport deputy minister
Reza Pilpaye expressed the readiness of the Iranian side to be
involved in the construction of Iran-Armenia railway through contractor
organizations. He said 2.5 billion USD will be invested.
The railway station will have 540 km length of which 480 will pass
in the territory of Armenia, 60 in Iran.
Iranian mass media inform about the visit of the Iranian President
Mahmud Ahmadinejad to Armenia June 6.
ARMENPRESS
May 31, 2011
YEREVAN
Bilateral agreement was signed May 30 in Tehran as a result of the 10th
sitting of the Armenian-Iranian economic cooperation intergovernmental
cooperation commission.
The Memorandum of Cooperation was signed over the cooperation in
the spheres of gas, oil, water, electricity, trade and industry. The
document was signed by Energy and Natural Resources Minister Armen
Movsisyan and Foreign Minister of Iran Ali Akbar Saleh.
The Iranian minister pointed out the necessity of continuation of
cooperation particularly in the economic sphere. The trade turnover
between the two countries as compared with the 2009 increased by 38%
making 270 million USD. Nevertheless the Iranian minister said the
current trade level does not correspond to the existing potential and
abilities though "all the possibilities exist for making the volume
reach acceptable level". "Taking into consideration the peculiar
location of Armenia in the region - on one hand it can tie with the
Black Sea and on the other with the Persian Gulf through Iran. It may
bring to positive economic fruits for the two states and the whole
region", the Iranian minister said.
Energy and Natural Resources Minister Armen Movsisyan said the
Armenian-Iranian ties are on very high level and the cooperation in
different spheres will continue. "The two countries have excellent
political ties", the minister said.
At the meetings in Tehran the issue on construction of Armenia-Iran
railway has been discussed. The Roads and Transport deputy minister
Reza Pilpaye expressed the readiness of the Iranian side to be
involved in the construction of Iran-Armenia railway through contractor
organizations. He said 2.5 billion USD will be invested.
The railway station will have 540 km length of which 480 will pass
in the territory of Armenia, 60 in Iran.
Iranian mass media inform about the visit of the Iranian President
Mahmud Ahmadinejad to Armenia June 6.