Iran ready to launch Meghri HPP program upon solution of financial issues

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YEREVAN, DECEMBER 3, ARMENPRESS: Positive conclusion of the Iran’s nuclear program-related negotiations and the removal of sanctions will allow continuing and deepening the cooperation with Armenia. The Ambassador Extraordinary and Plenipotentiary of the IslamicRepublicof Iran to the Republic of Armenia Mohammad Reisi stated about it at the press conference. “Because of the nuclear program the sanctions were too strict and illegal and the delay of some agreements with our friendly country Armenia was conditioned by financial and banking issues. Notwithstanding those sanctions our economic cooperation with Armenia continues”, - said the Ambassador, adding that the works of the Meghri Hydropower Plant program will restart after the settlement of the financial and banking issues.

Armenpress reports that answering the question on the clarification of the terms of the Iran-Armenia railway construction, Mohammad Reisi stated that as in the past, now as well Iran informed the Armenian authorities that it is ready to build its part of the railway – Julfa-Meghri – with its own means, when Armenia finds funds for the construction of its part.

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