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Iran is ready to participate in the North-South Road Corridor project, President Hassan Rouhani said in his statement for media following his meeting with Armenian PM Nikol Pashinyan.

Speaking about the meeting, Rouhani said numerous arrangements had been achieved and expressed hope that relations between the states would develop during the work of the new Armenian government.

“During the meeting with Mr. Prime Minister, we praised Armenia’s position in connection with the unfair sanctions imposed against Iran. The goal of our two countries is to advance our efforts based on our national interests and to prevent any third country from interfering in our work and cooperation,” Rouhani said.

The Iranian president pointed to high level of political and cultural ties, cooperation in education, tourism and other areas.

“In terms of economic cooperation there is a great potential that should be used better. In the energy sector, Armenia and Iran are implementing a large-scale project of gas in exchange for electricity.  We also paid attention to the issues related to Meghri HPP activities during our negotiations.

One of the other issues, which is our focus, is related to the North-South highway. The Iranian side expressed readiness to participate in the project. And we are focused on facilitating the transportation system, particularly in the area of ​​truck traffic.

We also touched upon the agricultural sector. The Iranian side is ready to cooperate in this sphere, to develop slaughterhouses in Armenia, to promote cooperation in cattle breeding.

The other topic of discussion was the IT sector. Taking into account good cooperation between us, we express our readiness to develop these ties,” Rouhani said.

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