07/11/2013 17:00
Armenia and Iran discuss joint energy projects’ funding
Armenian Minister of Energy and Natural Resources Armen Movsisian and Executive Director of the Export Development Bank of Iran (EDBI) discussed issues of funding joint energy projects.
According to Poolnews.ir, Armen Movsisian expressed a wish for the expansion of bilateral cooperation and the continuation of EDBI’s financing of the work in energy sector, particularly the hydropower plant’s construction.
Iranian Energy Minister Hamid Chitchian told journalists after the meeting with Armen Movsisian that in case of an increase in Iranian energy resources, there will be an opportunity to transmit Iran’s electricity to Russia through Armenia and Georgia.