In TFS 2013 how one project work items could be moved to other project

Hi All,

Recently i have been given to develop a functionality in C# where i need to create. In which in TFS 2013 one team project work item to be moved to another team project.

svn-mosx-wxe01\TFS2010 (servr URL). both project are under same server as you can see below for understanding.

Project1

Project2

Now Project1 work items could be moved to Project2. Is it possible that Project1 work items AreaPath and ItirationPath also should be created or we need to use Project2 Area Path and Itiration Path to copy the work item from the Project1.

Thank you so much.