Iran, Armenia ink 8 MoUs
Iran and Armenia signed 8 Memorandums of Understanding (MoU) and a joint statement as Armenian President Serzh Sarkisian is preparing to wrap up his two-day trip to Iran.
Cooperation on rail transportation and construction of Iran-Armenia direct railroad, investment on building Aras hydro plant, free trade regime and building a pipeline for petrochaemical products transport were among the documents.
The MoUs also involve close cooperation on energy, banking and insurance.
Also the joint statement was signed by Iranian President Mahmoud Ahmadinejad and Armenian counterpart Serzh Sarkisian.
During a meeting between Sarkisian and his Iranian counterpart Mahmoud Ahmadinejad in Tehran on Monday, Armenian President Serzh Sarkisian called for boosting Iran-Armenia relations in all spheres appreciating Tehran's support for his country's all-out development.
The two sides urged the bilateral growing cooperation needs to be secured and that global condition makes it necessary for the two neighbors to increase the level of cooperation.
Armenia's President stepped in Iran on Monday afternoon for talks with Iranian officials on mutual ties as well as regional and international developments. He got a red-carpet welcome from Iranian Foreign Minister Manouchehr Mottaki upon his arrival at Tehran's Mehrabad airport.
Ahmadinejad on his part said Sarkisian's trip to Iran will help make a leap in bilateral ties and added the two countries must closely work on trading, energy, transportation and international relations.
Iran's President continued "an advanced and sustainable Armenia will be beneficial to the whole region".
Also according to Press TV, Iran and Armenia are expected to finalize a deal over building a railway that will connect the two countries.
In April the two states agreed on building a 470-kilometer railway to connect the two neighbors. The venture needs some five years to be constructed and is expected to cost 1.2 billion dollars.
... Payvand News - 03/25/16 ... --