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YEREVAN, APRIL 1, ARMENPRESS. China is interested in the prospect of the construction of Armenia-Iran railway, and took clear steps in this direction, Deputy Foreign Minister of Armenia Shavarsh Kocharyan said, “Armenpress” reports.
"China considers the Armenian-Iranian railway as one of the corridors of the Silk Road and is interested in prospect of building this railroad. China has already involved the proper company that conducts assessments and calculates the possible risks and benefits ", the deputy minister said.
He added that the construction of Armenia-Iran railway involves very high costs; therefore, the funds of Armenia and Iran are insufficient. According to Kocharyan, it is necessary to find other investors, and relevant works are carried out on this direction.
To the remark that the Armenian-Iranian railway is discussed for many years, but there is no progress on the issue yet, the deputy minister said that previously Iran was under sanctions, and in the mentioned circumstances it would be very difficult to implement such projects.
"Now that the sanctions against Iran are removed, many Armenian-Iranian projects began to revive. Construction of the 3rd high-voltage power is already underway. In connection with the North-South corridor, we see that road construction works are carried out. Two memorandums in the sector of energy were signed. New developments in terms of cooperation in the transport sector are expected ", Kocharian said.