Turkey, Azerbaijan want BSEC ring highway to bypass Armenia May 25, 2011 - 11:24 AMT PanARMENIAN.Net - The building of the Black Sea Economic Cooperation (BSEC) ring highway is hampered by Turkey and Azerbaijan's attempts to build the highway bypassing Armenia, said the chairman of the National Assembly's Standing Committee on Financial-Credit, Budgetary and Economic Affairs. “However, other participant countries believe that it would contradict the principles of the organization,” Gagik Minasyan told a press conference in Yerevan on May 25 . BSEC Memorandum of Understanding for the coordinated development of the Black Sea Ring Highway provides 7140 km long highway construction. The main route will include following cities: Istanbul (Turkey), Samsun (Turkey), Trabzon (Turkey), Batumi (Georgia), Poti (Georgia), Novorossiysk (Russia), Rostov-on-Don (Russia), Taganrog (Russia), Mariupol (Ukraine), Melitopol (Ukraine), Odessa (Ukraine), Chisinau (Moldova), Bucharest (Romania), Constantza (Romania), Haskovo (Bulgaria), Edirne (Turkey), Komotini (Greece), Alexandropoulis (Greece), Istanbul (Turkey). The Memorandum of Understanding for the coordinated development of the Black Sea Ring Highway was signed in Belgrade on April 19, 2007, and came into force on November 1, 2008. BSEC was founded on June 5, 1998. The organization incorporates Albania, Armenia, Azerbaijan, Bulgaria, Greece, Georgia, Moldova, Russia, Romania, Serbia, Turkey and Ukraine. Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion. Partner news | Armenians stage more campaigns against territorial concessions to Azerbaijan Protesters blocked more roads across Armenia on Friday, April 26 in continuing attempts to scuttle territorial concessions to Azerbaijan. Czech-Armenian military cooperation discussed in Yerevan A delegation led by the Director General for the Industrial Cooperation Division of the Ministry of Defence of the Czech Republic visited Armenia. U.S. welcomes efforts to define Armenia-Azerbaijan border The United States welcomes efforts to define the border between Armenia and Azerbaijan, says Vedant Patel. Biden honors resilience of Armenian people on April 24 U.S. President Joe Biden has issued a statement on the 109th anniversary of the Armenian Genocide. |