Presently Armenia is developing friendly relations with the Arab states, Armenian Minister of Foreign Affairs Vardan Oskanian stated at the meeting with the students of the Russian-Armenian (Slavonic) University. According to the Minister, during his visit to Egypt he signed a memorandum on cooperation and mutual understanding with the League of Arab States. V. Oskanian also pointed out to the friendly relations between Armenia and the Organization of Islamic Conference. However, he said, it would be rather hard for Armenia to receive a status in the Organization of Islamic Conference, as its members -Turkey and Azerbaijan - will certainly put obstacles in the way. When touching upon Armenia's participation in the North-South transport corridor Vardan Oskanian said that taking into account its geographical location and the lack of the railway the RA is taking part in the project within the limits of the possible.