Bulgaria Eyes Iran-Armenia Railway Project

YEREVAN (BTA)—Bulgaria is interested in building a railway link between Armenia and Iran, a Bulgarian Minister said on Thursday as he visited Armenia.

“Any improvement in the field of transportation is beneficial for Bulgaria,” Bulgarian Transport, Information Technology and Communications Minister Aleksandar Tsvetkov said. He added that Armenia is a friend to his country with “traditionally effective” levels of cooperation.

The project, if implemented, will lay 540 km of rail track linking the two neighboring countries, with a bulk of the line passing through Armenia. 480 km of the track will run through Armenia, with the remaining 60km through Iran, Tsvetkov said.

According to Armenia’s Transport and Communications Minister, cooperation between Armenia and Bulgaria has “increased considerably” and will continue to grow. “Armenia’s trade with Bulgaria in 2009 totaled $147 million, and in the first half of 2010 alone, reached $125 million,” Vardanyan said, adding that Bulgaria is among Armenia’s top ten trade partners.

The two ministers met on Thursday at the 6th Session of an Intergovernmental Commission organized by both countries to streamline economic cooperation in trade and science.

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