Russia Ready For Co-Op In Iran- Armenia Railway

RUSSIA READY FOR CO-OP IN IRAN- ARMENIA RAILWAY

Moj News Agency
November 8, 2008 Saturday
Iran

Veladimir Yakunin, told that the Russian company is ready to do
the plan, if Iran, Armenia and Russia could reach an agreement over
the project financial support. Russian and Armenian president have
recently considered the issue, said Yakunin. The project is estimated
about one billion dollar or more. The railway project which is about
500 km long, is a critical event for Armenian part that now lacks any
direct railroad to Turkey and Azerbaijan. So, the project may play an
important role in lots of trade and economic fields for both countries,
and regional states too.