Implementation of Armenian-Iranian projects to reach practical stage soon

YEREVAN, July 20. /ARKA/. Implementation of Armenian-Iranian projects will enter a practical stage soon, Armenian Prime Minister Tigran Sargsyan and Iranian Ambassador to Armenia Mohammad Raisi said as met Friday in Yerevan. 

Construction of two hydro power plants on border river Arax, the third high-voltage electric power line and oil pipeline is among these projects.

 

The oil pipeline will convey oil products (petrol and diesel) not only fr om Iran’s refineries, but also from Persian Gulf countries to Iran’s city of Tebriz, and from it to Armenia’s town of Yeraskh, wh ere they will be stocked in the terminal that is now being built. Armenia will by them from Persian Gulf region at prices which are far lower than European and Mediterranean and will also reduce its transportation expenses. 

The press office of Armenian government reports that the Armenian premier and the Iranian ambassador also discussed some other projects. In particular, they outlined prospects for cooperation in jewelry, pharmaceutical and cattle breeding industry. 

They stressed the importance of tourism-promoting programs and Armenian-Iranian interregional cooperation. 

Sargsyan congratulated the newly appointed ambassador and wished him success in his diplomatic mission in Armenia. 

“We highly appreciate Armenian-Iranian relations and ought to make every effort for their further development,” he said. “Both countries are interested in this.”

The ambassador, on his side, said that Iran attaches great importance to relations with Armenia and will do whatever necessary to develop them.

Sargsyan and Raisi expressed confidence that Armenian-Iranian trade turnover has room for growth. -0---