Armenia, Iran Begin Energy Talks

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Armenian and Iranian flags

Armenian and Iranian flags

TEHRAN (ArmRadio)—A fresh round of Iran-Armenia power talks has begun over exports of certain technical and engineering services as well as electrical goods of Iran to Caucasian states, Mehr News Agency reports.

The new round of negotiations between Iran and Armenia was held on Wednesday, June 15 in Tehran aiming to promote research activities in energy and electricity fields between Armenia’s Scientific Research Institute of Energy (SRIE) and Iran’s Niroo Research Institute (NRI).

On the basis of a Memorandum of Understanding (MoU), which was inked last year between SRIE and NRI, it was agreed to develop technical cooperation particularly in the field of power industry equipment including 10 kV network parameters, high flow measurement, and commercialization of research results as well as undertaking joint ventures.

Speaking on the sidelines of the meetings, Head of Iran’s NRI Mohammad Sadegh Ghazizadeh pointed to the need for launching joint projects by exploiting Armenia’s potentials and its position in Eurasia for joint production as well as exports to global markets; “preliminary agreement has been reached to establish a production line for certain electrical goods.”

A MoU was exchanged between SRIE and Iran’s NRI in 2015 on the sidelines of the 13th Session of the Joint Commission for Economic Cooperation between Iran and Armenia headed by Iranian Energy Minister Hamid Chitchian.

The joint session was hosted by Iran focusing on increasing mutual economic and industrial activities, exchange of technical and engineering services as well as energy exchange.

Source: Asbarez
Link: Armenia, Iran Begin Energy Talks