Iranian companies invest USD 571mln. in Armenia![]() December 27, 2011 - 18:31 AMT PanARMENIAN.Net - Iranian private sector consortium invests USD 571mln. in Armenia, according to Iranian Minister of Energy. As Majid Namjoo noted, the means will be allocated for construction of electricity transmission third line and hydropower plant on River Arax, IRNA agency reported. Iranian Minsiter also noted Iran’s intention to build a new gas pipeline to Armenia in exchange for Armenian electricity. Cooperation agreement in economic and energy sectors was concluded in the framework of Iranian President Mahmoud Ahmadinejad’s visit to Armenia, December 23. ![]() ![]() Azerbaijani authorities report that they have already resettled 3,000 people in the Nagorno-Karabakh town of Stepanakert. On June 10, Azerbaijani President of Azerbaijan Ilham Aliyev will leave for Turkey on a working visit. Azerbaijani President Ilham Aliyev arrived in Moscow on April 22 to hold talks with Russian counterpart Vladimir Putin. Authorities said a total of 192 Azerbaijani troops were killed and 511 were wounded during Azerbaijan’s offensive. ![]() ![]() Partner news | ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() |