SCR CEO: Iran-Armenia railway fits the logic of int’l transportationDecember 21, 2012 - 14:16 AMT PanARMENIAN.Net - South Caucasus Railways (SCR) CEO believes Iran-Armenia railway construction to be promising for Yerevan. “The project fits the logic of international transportation, allowing Armenia access to the shipping routes of Persian Gulf, and later, Europe,” Victor Rebets told a December 21 news conference in Yerevan. As SCR chief noted, the government of Armenia has already instructed relevant bodies to conduct a feasibility study for the project, with many questions to be answered soon. Currently, the construction of the railway, estimated at $1,7-2,8 billion, is being discussed with Russia, Iran and China. World Bank and Asian Development Bank have shown interest to the project. 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 | Russia clarifying reports on Baku’s alleged arms supply to Ukraine Russia says is carefully working to verify reports about alleged arms supplies from Azerbaijan to Ukraine Russia warns Armenia against “falling into West’s trap” Zakharova maintained, however, that anything that will benefit the people of Armenia can only be welcomed. CSTO: Armenia has not participated in secretariat’s work recently Recently Armenia has not participated in the work of the secretariat of the CSTO, Imangali Tasmagambetov said. Meeting with U.S., EU not against third parties, says Armenia The meeting scheduled for April 5 is dedicated to strengthening of the Armenia-EU-US cooperation, Yerevan added. |