Armenia seeks ways to strengthen ties with Iran

March 16, 2009 - 0:0

YEREVAN – Armenian Prime Minister Tigran Sargsian met Iranian Foreign Minister Manouchehr Mottaki in Yerevan on Friday and reviewed ways to broaden relations between the two countries.

According to the Mehr News Agency, Mottaki said that both sides have plans to boost bilateral relations, and called for the construction of a joint railroad and implementation of joint power plant projects.
He stated that the sides have so far inked agreements in the fields of banking, power plant construction, energy, and trade, adding that the two countries’ annual trade value stands at $250 million that could be promoted.
Sargsian noted that Armenia is reviewing every possible way to promote relations with Iran, adding that the construction of the Iran-Armenia railway could boost trade in the region.
He also pointed to the importance of Aras hydro power plant which could supply power for the two countries