Armenian, Chinese Leaders Discuss China’s Participation In Armenia-I

ARMENIAN, CHINESE LEADERS DISCUSS CHINA’S PARTICIPATION IN ARMENIA-IRAN RAILWAY

Yerkir
03.05.2010 12:33
Yerevan

Yerevan (Yerkir) – Chinese leader Hu Jintao and Armenian President
Serzh Sargsyan have discussed China’s participation in a construction
of a railway between Armenia and Iran.

Last year, the Armenian and Iranian transport ministers signed an
agreement to build a railway linking Armenia with Iran’s Persian
Gulf ports. The construction of the 470-kilometer long railway,
with 410 kilometers passing through Armenian territory, is expected
to last for at least five years and to cost $1.5-$1.8 billion.

"Sargsyan said that a development of the relations with China is a
priority of Yerevan foreign policy, and noted that bilateral relations
do already have a good dynamic of their development," the statement
by the president’s office said.

The sides also noted with satisfaction the successful implementation
of various joint projects in energy, chemical industry, agriculture,
science and technology, defense, culture and education, stressing
that an exploitation of the Shanxi-Nairit joint Armenian-Chinese
chloroprene rubber production plant is an important evidence of the
development of Armenian-Chinese economic cooperation.