Russia and Armenia cooperating through Iran

Trade turnover between Armenia and Russia in 2010 amounted to USD 870 mln. There are more than 1400 enterprises operating with the Russian capital inside Armenia. Both countries are focused on regional cooperation for developing small and medium size businesses. The representatives of those two countries are concerned because of the fact that there is no direct border between the two countries and they have to operate through a third country. Armenian and Russian officials are considering the option of establishing links between the two countries via Iran and the Caspian Sea.