The deal was inked during a visit by Iran’s Energy Minister Hamid Chitchian to Armenia’s capital Yerevan to join his counterparts from the three countries and on the basis of the agreement, the power grids of the four states in the Caucasus will get connected until the year 2019.
Hamid Chitchian, who had attended the fresh round of talks with officials of Gerogia, Armenia and Russiathe, deemed the power grid connection deal among the four countries as the most significant outcome of the session.
According to Iran's Energy Ministry, construction of Iran-Armenia marks the most important prerequisite for the project, emphasizing that both countries have agreed to make the required arrangements to do this in the nearest time possible.
The 13th Iran-Armenia joint economic commission has also kicked off in the Armenian capital since Thuersday.
On the sidelines of the visit, Iran’s Chitchain has met and talked with the Armenian Prime Minister Hovik Abrahamyan as well as with the country’s President Serzh Sargsyan discussing development of bilateral trade and energy cooperation between the two countries.
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