YEREVAN, MARCH 13, NOYAN TAPAN. During the March 13 meeting, Armenian Prime Minister Tigran Sargsyan and Iranian Foreign Minister Manouchehr Mottaki expressed satisfaction at economic cooperation between the two countries, pointing out the positive results of mutually beneficial cooperation in energy, transport, road construction and other spheres. The sides said that this success provides an inspiring example for development and implementation of new progams and projects, many of which are on the agenda of the Armenian-Iranian intergovernmental commission. These programs are envisaged to be discussed during the visit that Armenian President Serzh Sargsyan will pay to Iran at the invitation of Iranian President. Speaking about the long-term projects, T. Sargsyan and M. Mottaki attached special importance to construction of the Iran-Armenia railway, joint hydropower plants on the Arax River, and a liquid fuel terminal in the territory of Armenia. In the words of Armenian prime minister, the Iran-Armenia railway will be of great importance not only to Armenia and Iran, but also the whole region. According to a press release of the RA Government Information and PR Department, the interlocutors underlined the necessity of encouraging trade and commodity turnover between two countries, noting that their volumes are still far from being satisfactory. As regards the situation as a result of the global financial and economic crisis, the sides expressed confidence that strengthening the relations with neighboring countries and making joint mutually beneficial efforts will help reduce the negative impact of the crisis and overcome the difficulties.

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