Armenia, Iran Discuss Ways To Finance Energy Projects

ARMENIA, IRAN DISCUSS WAYS TO FINANCE ENERGY PROJECTS

IRNA
Apr 14, 2009

Tehran, April 14, IRNA — Visiting Armenian Energy Minister Armen
Movsisyan conferred with Iran’s Minister of Economy and Finance
Shamseddin Hosseini on ways to finance energy projects to be
implemented by Iran in Armenia.

In a meeting, the two sides called for expansion of mutual ties in
the field of energy, oil, gas, technical and engineering services.

Hosseini said that the Islamic Republic of Iran is willing to
cooperate with Armenia in developing infrastructure of the former
Soviet republic.

Movsisyan appreciated opening up of credit line for Armenia by the
Export Development Bank of Iran.

He hoped that the ground for expanding two countries economic and
trade cooperation would be prepared in near future.