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Iran, Armenia agree to expand cross-border trade, energy exchanges

Iran Press TV

Tuesday, 19 August 2025 7:46 PM

Iran and Armenia have agreed to significantly expand their cross-border trade and energy exchanges more than a week after the United States secured a contract to set up a transport corridor passing through the Armenian territory near the border with Iran.

Iran's transport minister Farzaneh Sadegh said on Tuesday that Iran and Armenia had agreed to widen an existing bridge and launch a second one on their border to increase the volume of goods transited through the two countries between Europe and the Persian Gulf.

Sadegh said the agreement had been reached during Iranian President Masoud Pezeshkian's visit to Yerevan.

Armenian Prime Minister Nikol Pashinyan confirmed the launch of construction works for the bridge on the Meghri-Nordooz border crossing.

"Considering the growing traffic between our countries, we have reached an agreement to build a second bridge on the Armenian-Iranian border," Pashinyan said in a press briefing with Pezeshkian.

Sadegh said a second cross-border bridge between Iran and Armenia would increase the movement of cargo trucks between the two countries.

She said that agreements were also reached to reduce the rates imposed on cross-border trucking for Iranian drivers passing through Armenia.

The agreements were part of 10 memoranda of understanding signed on the sidelines of Pezeshkian's meeting with Pashinyan.

They came 10 days after Pashinyan agreed to the outlines of a peace deal with Azerbaijani President Ilham Aliyev in a meeting in Washington.

The agreement, signed in the presence of US President Donald Trump, also granted US companies the rights to build a planned transport corridor connecting Azerbaijan to its exclave of Nakhchivan via the Armenian territory.

Some Iranian officials have expressed concern bout the presence of US companies in the Armenian territory bordering Iran, while also warning that the corridor might block Iran's access to Russia and Europe.

Another key agreement reached during Pezeshkian's visit to Yerevan involved a plan by Armenia to double its electricity exports to Iran.

Armenia's Minister of Territorial Administration and Infrastructures, Davit Khudatyan, said that building a third line for the transmission of electricity from his country to Iran would soon be finished.

"I hope we will swiftly be able to export extra, big volumes (of electricity) to Iran," Khudatyan said