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Iran, Armenia Discuss Expansion Of Economic Ties

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  • Iran, Armenia Discuss Expansion Of Economic Ties

    IRAN, ARMENIA DISCUSS EXPANSION OF ECONOMIC TIES

    Mehr News Agency, Iran
    Oct 20 2014

    Tehran, 20 October: Iran's first deputy-president and Armenian Prime
    Minster Hovik Abrahamyan met today [20 October] to discuss plans for
    expanding economic and cultural ties.

    During the meeting with Armenian Prime Minister Hovik Abrahamyan on
    Monday, Iran's first Vice President Es'haq Jahangiri said: "A joint
    commission supervised by Mr Abrahamyan and I will also be regularly
    held between the two ministries."

    "At present, the volume of trading between Iran and Armenia is about
    300m dollars," said Mr Jahangiri. "We export gas and in return,
    import electricity from Armenia. There are other goods exchanged
    between the two countries as well."

    "The two countries' ministers of energy debated mutual projects
    including the construction of the third line of an electrical
    transmission and a hydropower plant in Armenia, the generalities of
    which have been agreed upon," maintained Jahangiri.

    Jahangiri noted that the two countries also discussed and reached
    an agreement in various environmental and cultural fields and said:
    "Since Armenia is now recognized as a Eurasian country, our private
    sectors have ample investment opportunities."

    Hovik Abrahamyan, for his part, expressed satisfaction for expansion
    of bilateral ties and said: "The joint commission between Iran and
    Armenia is of great significance and will promote economic ties."

    Mr Abrahamyan expressed gratitude towards Iran for the conservation of
    the Armenian heritage and their respectful treatment of the Armenians
    and said: "I have invited Mr Jahangiri to visit Armenia. There are
    plenty of projects the implementations of which will greatly benefit
    the two countries, and my country will do its best to further develop
    ties with Iran."

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