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Iran, Armenia’s Ministers Visit to Discuss Bilateral Cooperation

Iran Minister of Roads and Urban Development, Mohammad Eslami, met with Armenia's Minister of Territorial Administration and Infrastructure, Suren Papikyan, on 3 November 2019 to discuss development of bilateral cooperation.

Eslami pointed to the constructive meetings between Iran and Armenia's high-ranking officials during Eurasian Economic Union Summit as well as Eurasia Transit Potentials Conference in Yerevan. He also called the agreement for temporary formation of free trade zone between Iran and Eurasian Economic Union as a great opportunity to draw on this mechanism in order to develop transport, transit, and trade cooperation.

Eslami also proposed Armenia to use professional Iranian companies for construction of Armenia's north-south Highway in parts near the border. In doing so, a consortium comprised of credible companies and Iranian and Armenian Banks is needed to accelerate its construction.

Regarding direct rail link between the two countries and its relating studies, Eslami pointed to previous agreements and added that if 30 per cent of development of the route in Armenia's territory will be completed, Iran's part will be also implemented.

In order to follow up joint projects and launching executive operations of the projects, a joint committee for infrastructural cooperation will be held in one month.

Moreover, the two sides emphasized on follow-up of previous agreements, development of bilateral cooperation in transit, resolving imposed problems on the part of Armenian side for unilateral toll from Iran's fleets, development of international transport corridor specially 'Persian Gulf- Black Sea' Corridor.

Suren Papikyan has travelled to Iran with the invitation of Iran Minister of Energy for attending 19th International Electricity Fair.

Source: Islamic Republic of Iran - Ministry of Roads and Urban Development

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