IRAN, ARMENIA INK FOUR MEMORANDA OF UNDERSTANDING

Tehran Times
Oct 23 2007
Iran

YEREVAN (IRNA) — Iran and Armenia signed four memoranda of
understanding and issued one joint statement in Yerevan on Monday.

On the first day of a visit by Iranian President Mahmoud Ahmadinejad
and his accompanying delegation to Armenia, officials of the two
countries inked the MOUs.

The foreign ministers of Iran and Armenia signed a MOU to establish
consulates in both countries.

The deputy governor of Central Bank of Armenia and the Deputy Foreign
Minister Mehdi Safari also inked a MOU on banking cooperation between
Iranian and Armenian central banks.

Safari and Head of Armenia Economic Development Agency Davoud Kian
signed the third MOU on making joint investments.

Head of Iran Saba Nirou Company and the deputy energy minister of
Armenia inked another MOU to construct a wind power plant in Armenian
territory.

Ahmadinejad and his Armenian counterpart Robert Kocharian also signed
a joint statement at the end of their negotiations.

The Iranian president arrived in Yerevan, heading a political and
economic delegation, at the official invitation of his Armenian
counterpart.

Ahmadinejad will hold talks with his counterpart and address Armenian
parliament during his two-day visit to Armenia.

The state-owned university of Yerevan is to grant Ahmadinejad an
honorary doctorate and medal.

He will hold talks with Iranian nationals residing in Armenia on the
second day of his stay in Armenia.