Armenia And Iran Linked By Long-Term Cooperation

ARMENIA AND IRAN LINKED BY LONG-TERM COOPERATION

PanARMENIAN.Net
20.07.2007 15:00 GMT+04:00

/PanARMENIAN.Net/ Armenia and Iran have marked out prospects for
lasting cooperation, Iranian Foreign Minister, Co-chair of the
Armenian-Iranian intergovernmental commission Manouchehr Mottaki said
opening the 7th sitting of the commission.

The positive experience of bilateral relations, political will of
leaders of both states and the existing potential open new horizons
for expanding cooperation, according to him.

"The agenda includes development of important documents, specifically
the agreement on creation of free trade area between Armenia and Iran,
what will convey a positive impulse to the economic turnover between
the two states. The Iran-Armenia gas pipeline, construction of two
power lines, increase of cargo and passenger transportation up to 60
thousand vehicles per year," Mr Mottaki said.

The Iranian Minister also noted Armenia’s joining the North-South
corridor, establishment of transit norms and availability of 3-4
flights a week as well as development of cooperation in agriculture
and communications.

"Formation of trilateral committee (Armenia, Iran and Russia) to deal
with construction of oil processing plant in Armenia. We are convinced
that implementation of these projects will produce positive effect
throughout the region," Mr Mottaki said, Novosti Armenia reports.

The first 40-km Meghri-Kajaran sector of the Iran-Armenia gas pipeline
was put into operation March 19, 2007. The second segment will be
finished till the end of 2008. Initially Armenia will receive 300-400
mln cubic meters of gas from the neighbor state. The amount will
increase up to 2,3 bln annually.