Iran To Build Hydroelectric Power Plants In Armenia


16:24, 20 Oct 2014

Iranian First Vice President Eshaq Jahangiri announced that based on an
agreement cut by Tehran and Yerevan, Iran will construct hydroelectric
power plants in Armenia, Fars News Agency reports.

“We have agreed to launch the third power transmission line and also
build hydroelectric power plants for Armenia,” Jahangiri said in a
joint press conference with visiting Armenian Prime Minister Hovik
Abrahamyan in Tehran on Monday.

He pointed to exchanges between Iran and Armenia in different areas,
and said, “The value of exchanges between the two countries is around
$300 million; we export gas to Armenia and import electricity from
that country, but there are other goods for exchange purposes as well.”

Jahangiri noted that the two sides have also agreed to launch joint
commissions to help widen the ties and exchanges.

Also speaking in the same press conference, the Armenian Prime Minister
pointed to the need for setting up a joint commission, and said, “We
have a lot of work to do to develop and complete the joint projects
of the two countries.”

According to the Press Service of the Armenian Government, the
parties also stressed the importance of maintenance and restoration
of the rich historical-cultural heritage. The Armenian Prime Minister
availed himself of the opportunity to express gratitude to the Iranian
authorities for the careful attitude towards the Armenian community
and its historical-cultural legacy.

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