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Iran, Armenia Call For Third High Voltage Electricity Transmission L

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  • Iran, Armenia Call For Third High Voltage Electricity Transmission L

    IRAN, ARMENIA CALL FOR THIRD HIGH VOLTAGE ELECTRICITY TRANSMISSION LINE

    IRNA - Islamic Rep. News Agency, Iran
    Dec 18 2014

    Tehran

    Iran's energy minister and his Armenian counterpart underlined
    the need for the establishment of a third high voltage electricity
    transmission line.

    Hamid Chitchian, accompanied by his Armenian counterpart Yervand
    Zakharian told reporters here on Monday that Iran in return for
    delivering natural gas to Armenia will receive electricity from the
    country at times of need.

    He said with the establishment of the third high voltage electricity
    transmission line the transfer of energy will be increased and the
    increase in the amount of electricity will be influenced by the
    decisions which will be taken during talks of the Armenian side with
    Iran's Oil Ministry.

    Also speaking to reporters, Zakharian said at present economic
    transactions between the two countries stands at $300 million,
    adding that the figure is expected to increase by two fold during
    bilateral talks.

    He said with the establishment of the third high voltage electricity
    transmission line which will become operational by 2018, the amount
    of electricity transmission will be increased two to three times
    and finally this will be effective in the expansion of bilateral
    economic exchanges.

    Pointing to proper political relations between the two countries, the
    Armenian minister said the ties should become stronger in economic
    field, adding that presidents of the two countries have emphasized
    that economic relations should be further increased.

    Meanwhile, addressing the inaugural ceremony of the 12th session of
    Iran-Armenia joint economic commission Chitchian said Iran will employ
    all capacities available for the development of bilateral relations
    and cooperation with Armenia.

    Stressing that Iran's principled policy in the region and the world is
    based on development of relations with most countries, especially the
    regional countries and the neighbors, Chitchian said good political
    relations between the two countries are not harmful for any regional
    country but rather will help more convergence in the region.

    He further remarked that both Iran and Armenia enjoy cultural and
    historical commonalities and these common points and the policy of
    good neighborly relations have resulted in a progressing trend with
    the absence of any ups and downs in bilateral relations since the
    independence of Armenia to date.

    The Iranian minister noted that in the past two years some problems
    ceased development of cooperation which has now been removed through
    efforts of the organizations involved in both countries.

    "From now on further growth of the development of relations and
    cooperation between the two countries can be witnessed especially in
    economic sectors."

    Chitchian noted that natural resources such as water and mineral
    reserves in Armenia on the one hand and technical and engineering
    capabilities and great human assets of Iran on the other hand will
    pave the way for further development of ties between the two countries.

    The 12th session of Iran-Armenia joint economic commission, hosted
    by Iran's Energy Ministry, will continue for two days.




    From: A. Papazian
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