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`Iran plans to increase investments in Armenia´

LONDON, Feb 22 (IranMania) – A private television channel in Azerbaijan Republic BM-TI TV said on Monday that many Iranian companies are planning to increase investments in Armenia.

Quoting Iranian embassy’s commercial attache in Yerevan Ali Najafi, the Azeri TV network said that Iranian and Armenian investors are planing to hold their first mutual trade session in 2005.

“Iranian and Armenian investors need to obtain more knowledge on ach other’s capabilities and potentials which necessitate the holding of such a meeting,” Najafi underlined.

Iran and Armenia intend to boost industrial and trade relations and will provide suitable opportunities for both nations’ private firms, he said.

Speaking in an interview with a Yerevan-based weekly in December Iranian Ambassador to Armenia Alireza Haqiqian said, “Iran’s relations with foreign countries, in particular its neighbors, is based on mutual respect and non-interference in their domestic affairs.” Expressing satisfaction over the current level of Iran-Armenia relations and its growing trend, he said that the visits of Armenia’s President Robert Kocharian to Tehran and President Mohammad Khatami’s trip to Yerevan played a crucial role in further strengthening mutual ties.

He referred to some of the projects on the agenda including the meetings of the joint economic commission, active participation of Iranian tradesmen in Armenia’s market, the activities of Iranian economic institutions there and cooperation in the energy sector.

In response to a question whether Moscow-Baku-Tehran railway will replace Baku-Tbilisi-Ceyhan route, he said that given Iran’s decisive role in the regional transit system, the interest of the countries of the region in cooperation with Iran is quite natural.

He added that according to a number of specialists, the Baku-Ceyhan railway project is a political scheme, not economical.

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