During a recent visit to Russia, the heads of Iran and Armenia's railway companies discussed expanding rail cooperation among CIS countries. The talks focused on enhancing freight transport, activating new corridors, and easing rail connectivity between Iran and Russia via Armenia—pending political resolution between Armenia and Azerbaijan. A potential reopening of the western International North–South Transit Corridor (INSTC) through Nakhchivan was also discussed. Parallel to this, Iranian and Armenian chambers of commerce launched a joint committee to address customs challenges. Ten cooperation agreements were signed across sectors such as energy, transport, tourism, pharmaceuticals, and culture. Officials highlighted Armenia’s strategic position as both a gateway to the Eurasian Economic Union (EAEU) and a bridge to Europe via its EU trade ties. A $3.0 billion bilateral trade target was set, facilitated by a preferential trade agreement that has eliminated tariffs on 87% of traded goods. Iran has also been recognized as a permanent observer in the EAEU, further solidifying its role in regional trade. Infrastructure development featured prominently, with agreements on a second bridge over the Aras River, a third Iran–Armenia electricity transmission line, and plans to upgrade road and rail logistics. Talks also included energy cooperation, such as electricity exchanges and potential Iranian oil and gas exports to Armenia. A significant focus was placed on mining as the next phase of bilateral cooperation. Although no dedicated session was held, groundwork was laid for joint exploration and processing, with Iranian firms being encouraged to enter Armenia’s mining sector. High-level political meetings, including President Pezeshkian’s visit to Yerevan, led to the signing of 10 MoUs in diverse areas such as education, health, tourism, and infrastructure. Ministers emphasized the importance of resolving transit tariff disparities and avoiding routes that could be disrupted by geopolitical tensions. Iran and Armenia also agreed to establish joint working groups to oversee implementation of the agreements and facilitate smoother customs operations, including digitalization of processes and a “green corridor” for perishable goods. Armenia confirmed increased investment in border infrastructure and awarded a border road construction contract to an Iranian firm, signaling deepening cooperation. Illegal border crossings are to be strictly prevented under new measures. Trade between the two nations reached nearly $1.0 billion in 2024 and is on track to grow further, with tourism also increasing significantly—particularly visits by Iranians to Armenia. Both countries are committed to transforming Armenia into a strategic hub for Iran in the Eurasian region. Armenian and Iranian officials stressed the importance of private sector involvement and proposed industrial parks, joint exhibitions, and expanded participation in trade expos such as Iran Expo 2025. In conclusion, recent diplomatic and commercial engagements signal a turning point in Iran–Armenia relations, with both sides pushing for stronger integration across infrastructure, trade, mining, and energy, positioning themselves for deeper Eurasian economic involvement. (ICE TEHERAN)

Fonte notizia: Tehran Times