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Armenia, Iran Seek to Expand Economic Ties


Iran -- Armenian Prime Minister Tigran Sargsian visits Iran, Tehran, 25Oct2010
Iran -- Armenian Prime Minister Tigran Sargsian visits Iran, Tehran, 25Oct2010

Armenia and Iran pledged to give a new boost to the development of their economic ties as Prime Minister Tigran Sargsian paid a visit to the Islamic Republic this week.


While meeting with Iranian President Mahmoud Ahmadinejad on Tuesday, Sargsian reiterated the Armenian president’s invitation to Iran’s leader to visit Yerevan.

Sargsian stressed that his three-day visit, Monday through Wednesday, would “give a fresh impetus” to Armenian-Iranian economic ties which he said still did not match the high level of political relations between the two neighboring states.

According to a report by the Armenian government’s press office, during the meeting Iran’s leader stressed that there are “no restrictions” for raising the quality of economic ties and bringing them to the level of political relations and that Iran is “ready to assist in all initiatives.”

Reports from Tehran’s official media quoted Ahmadinejad as saying that “regional states are capable of meeting all their needs and safeguarding security of the region through expansion of bilateral ties.”

“Tehran and Yerevan enjoy positive and progressing ties, sharing common views to boost bilateral cooperation in all fields,” said Ahmadinejad, according to Iran’s IRNA news agency.

Earlier, on Monday, Armenia’s premier also met with Iran’s First Vice-President Mohammad-Reza Rahimi. During that meeting, Rahimi also reportedly said that Tehran saw “no restriction for expansion and development of its ties with Armenia.”

According to IRNA, underlining the need for speeding up the construction of an Iran-Armenia railway, the Iranian vice-president said that the implementation of the railway agreements would be “a big step” towards the development of the two states.
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