Economy

Li Keqiang instructs to study technical-economic feasibility of Armenia-Iran railway construction

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Li Keqiang instructs to study technical-economic feasibility of Armenia-Iran railway construction

YEREVAN, SEPTEMBER 25, ARMENPRESS. Li Keqiang, Premier of the State Council of the People's Republic of China, assigned corresponding government officials to coordinate with the Armenian party the activities of Armenia-Iran railway construction, in particular study technical-economic feasibility, the volume of products to be transferred via the railway.

Republic of Armenia Minister of Economy Karen Chshmaritian said the aforementioned during his meeting with the journalists after Government session, when introducing the results of PM Hovik Abrahamyan’s visit to China.

“It was noted that this is the basic and concrete historical part of the Great Silk Road. The atmosphere was rather constructive at the meeting. The cornerstone of the project is to link China with Europe;” “Armenpress” reports, Karen Chshmaritian said, adding that no deadlines had been set for the studies of the project. According to Minister, if the results of the studies are beneficial to the Chinese, China will finance the railway construction that will cost 3,2 billion USD.

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