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Detente In The Neighborhood?: Iran Nuclear Deal Seen As 'Good News'

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  • Detente In The Neighborhood?: Iran Nuclear Deal Seen As 'Good News'

    DETENTE IN THE NEIGHBORHOOD?: IRAN NUCLEAR DEAL SEEN AS 'GOOD NEWS' IN ARMENIA

    Analysis | 25.11.13 | 09:58

    Photo: State Department photo

    The historic agreement on Iran's disputed nuclear program that was
    reached between the Islamic Republic and six leading world powers after
    days of talks in Geneva on Sunday has been taken as 'good news' in
    Yerevan. What was announced as the "first-step" agreement essentially
    limits Iran's uranium enrichment in exchange for the West's unblocking
    Tehran's nearly $8 billion and lifting some sanctions earlier imposed
    on Iran's oil exports.

    Iran is one of the four neighbors of Armenia and, along with Georgia,
    one of two countries that have open borders with Armenia. As the
    Geneva talks progressed, Iranian Energy Minister Hamid Chitchian was
    visiting Yerevan. During his meeting with Armenian President Serzh
    Sargsyan the Iranian official stated about deepening cooperation
    between the two countries in the energy sphere.

    The desire of Armenia and Iran to cooperate has, to some extent,
    been constrained by the sanctions imposed on the Islamic Republic by
    the United States and other Western countries. Although the U.S. has
    been sympathetic to the desire of landlocked Armenia suffering from
    the blockade of Azerbaijan and Turkey to develop relations with Iran,
    on two occasions Washington issued quite tough warnings to Armenia
    about the use of Iranian banks in Iran as 'middlemen'.

    The Geneva agreement and the lifting of sanctions from Iran could
    lead to activation in Iranian-Armenian cooperation. It is not without
    reason that Armenia was quick to welcome the Geneva agreement with
    a statement issued by Foreign Minister Edward Nalbandian.

    "Armenia has always advocated a negotiated, peaceful solution of
    the issue. Although the agreement reached is of interim nature, it
    paves the way for a comprehensive settlement through efforts of all
    negotiating parties," Nalbandian said.

    Armenia and Iran have several started, but practically frozen projects
    for which it was difficult to attract international investment because
    of the sanctions. This includes the construction of a railway,
    an oil pipeline, a new high-voltage line and the construction of
    a hydroelectric power station on the Arax River. The removal of
    international sanctions may lead to activation of these projects. By
    the way, this was also discussed during the visit of the Iranian
    energy minister to Armenia.

    Russia is quite jealous about Armenian-Iranian relations, regarding
    them as an alternative to their monopoly on Armenia's energy and some
    other markets. In particular, Russia's state-run gas giant Gazprom
    was quick to take over the Iran-Armenia pipeline that was commissioned
    in 2007 to prevent it from becoming an alternative to Russian natural
    gas supplies to Armenia.

    Besides, after Armenia made a decision to join the Moscow-led Customs
    Union in September, it was announced that Russia intended to invest
    in the Iran-Armenia railway and motorway, but the statements were so
    vague that few people tend to believe in them. Most experts believe
    that Russia simply in advance sought to block the possible foreign
    investments in these projects.

    Besides the economic component the agreement on Iran has a great
    significance in terms of the immediate removal of tensions on the
    border with Armenia. Air strikes against Iran, on which Israel still
    insists, could have dramatically changed the balance of forces in
    the region.

    http://www.armenianow.com/commentary/analysis/50332/armenia_iran_nuclear_deal_west_region

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