Economy

Armenia and Iran consider building second bridge on border

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Armenia and Iran consider building second bridge on border

YEREVAN, OCTOBER 23, ARMENPRESS. Armenia and Iran have discussed the prospect of building a new bridge on the Armenian-Iranian border, the Iranian Minister of Roadsand Urban DevelopmentMehrdad Bazrpash said Monday in Yerevan.

Speaking at a signing ceremony of the agreement on constructing a section of the North-South Road, Bazrpash said Iran is ready to convey its rich experience in infrastructure development to Armenia.

The current bridge’s capacity is no longer sufficient to ensure the growing trade volumes, he said.

An agreement has been reached to launch a working group on this matter.

“The Iranian government is expressing its readiness on cooperating with Armenia around various programs,” the Iranian minister said, adding that many Iranian businesses want to be involved in the Armenian economy.

In turn, Armenian Minister of Territorial Administration and Infrastructures Gnel Sanosyan said that the construction project of the southern part of North-South highway went through a rather difficult phase of discussions, but eventually reached its launch. He said that the project is of great significance for both countries.

“I am happy to note that there are multiple infrastructure programs on both sides, and the construction of the North-South highway’s southern part is being launched thanks to the joint work with Iranian companies,” Sanosyan said.

AREMNPRESS

Armenia, Yerevan, 0002, Martiros Saryan 22

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