ArmenPress
Dec 3 2004
IRAN AND ARMENIA STOP TALKS OVER KAJARAN TUNNEL
YEREVAN, DECEMBER 3, ARMENPRESS: A senior official of Armenian
transport and communication ministry told Armenpress that Armenia and
Iran cancelled talks on construction of a tunnel in southern Armenian
Kajaran that was supposed to provide a short and safe overland road.
The official, Eduard Karapetian, who is head of a ministry’s
department supervising investment projects, said the construction was
estimated to cost between $50-$60 million. He said Armenian turned
down terms of a loan that was promised by Iran, as they were
“business loans.”
He said Armenia does not have enough money to finance the
construction all alone. The official said instead a new road may be
constructed. He said some 40 million drams earmarked by 2005 draft
budget for preparing a feasibility plan for Kajaran tunnel will be
directed for construction of an alternative road.
Disclaimer: This article was contributed and translated into English by Jidarian Alex. While we strive for quality, the views and accuracy of the content remain the responsibility of the contributor. Please verify all facts independently before reposting or citing.
Direct link to this article: https://www.armenianclub.com/2004/12/04/iran-armenia-stop-talks-over-kajaran-tunnel/