Iran-Armenia railway to be more efficient if Georgia joins it, expert says

Iran-Armenia railway project will be more efficient if Georgia also joins it, economist Ashot Tavadyan was reported by Iran.ru as saying this at the conference “Iran: Lifting of Sanctions and the Possible Regional Developments” held in Yerevan.

The expert recalled that by prior agreement, China expressed a willingness to invest 60% of the project’s cost. The matter also concerned construction of an oil refinery in Armenia.