Economy, Domestic Economy
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Iran, Armenia Hold Transport Talks

Iran, Armenia Hold Transport TalksIran, Armenia Hold Transport Talks

Iran’s Minister of Roads and Urban Development Abbas Akhoundi met with Armenia’s Transportation Minister Gagik Beglaryan in Tehran on Tuesday to discuss ways of expanding cooperation in the transport sector.  Armenia’s North-South Road Corridor and Armenia-Iran Railroad projects were high on the agenda, IRNA reported.  The North-South Road Corridor is a major infrastructure project aimed at connecting Armenia’s southern border with its northern point by means of a 556-km-long Meghri-Yerevan-Bavra Highway. The Armenia-Iran Railroad is also an ongoing project that seeks to connect the two countries through Armenia’s mountainous Syunik Province bordering Iran, thereby creating the shortest transit corridor from the ports of Black Sea to the ports of Persian Gulf.  The two sides reached a preliminary agreement to unify transport tariffs in both countries.

Financialtribune.com