In the framework of Iranian President Mahmoud Ahmadinejad’s official visit to Armenia, the following 6 cooperation agreements were reached: memorandum on providing assistance to Armenia by Iranian government, cooperation agreement on construction and operation of a hydropower plant on River Arax, Meghri hydropower plant construction based on “construction-management-operation-transmission” principle, cooperation in social and nature preservation fields, as well as a memorandum between standards institutes of Armenia and Iran.

Afterwards, the parties stressed the importance of strengthening energy cooperation, focusing on oil pipeline and Armenia-Iran railway construction.