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We have been negotiating with all the interested countries with the objective of creating a new transit corridor between the Black Sea and the Persian Gulf.

The President of Armenia, Serzh Sargsyan, on Saturday stated the aforesaid in his address at the Munich Security Conference.

“We hope that their successful conclusion will render a list of beneficiaries that will be far more extensive than the countries engaged in the negotiations process,” he added. “In my view, collaboration of the member States of the EU and EAEU in both bilateral and multilateral settings is consistent with our shared interests and will contribute to our economic advancement.”

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