South Caucasus

Photo: Nuclear deal with Iran gives up hopes for Armenian transportation project | Armenia
30 July 2015, 14:53

Nuclear deal with Iran gives up hopes for Armenian transportation project

A nuclear deal with Iran has become the beginning of many changes and not always positive for some regional countries. Armenia will certainly become one of the "victims". The hopes for many joint projects with Iran, which the Islamic Republic was ready to finance, shattered. One of them was the North-South corridor project, namely the construction of a highway connecting Armenia, Iran and Georgia, as well as the Iran-Armenia railway project. However, Iranian ambassador to Armenia Mohammad Reis...