Iranian President Mahmoud Ahmadinejad Tuesday voiced Iran's readiness to participate in Armenia's electricity and gas projects. Making the remark in a meeting with Head of the Armenian presidential administration, Chairman of the Intergovernmental Commission for Armenian-Iranian Ties Artashes Tumanian, Ahmadinejad said Iran is also ready to exchange experiences in all economic fields with Armenia. Referring to Tehran-Yerevan profound relations, the Iranian president underlined the need for progress and development of the Caspian Sea littoral states through expansion of peace and friendship in the region. He praised efforts made by the two countries joint commissions and called for promotion of Iran-Armenia cooperation. Tehran fully supports expansion of bilateral relations in all areas, the president stressed. Tumanian, for his part, appreciated Iran's all-out support for his country and called for boost in economic and political ties between the two countries.