  In 2009 investments into Armenian railway system will comprise RR 2 billionApril 17, 2009 - 20:36 AMT PanARMENIAN.Net - South Caucasian Railways Directors Council meeting took place in Moscow on Apr.16. The meeting focused on company's activities for 2009.2009 SCRW tariff policy and budget were established and investment volume of RR 2.666 billion determined. South Caucasian Railways Directors Council considered anti-crisis measures and effective works with non-profile assets. South Caucasian Railways a 100% branch of Russian Railways Public Corporation. Armenian railways were transmitted into concessionary administration of South Caucasian railways in accordance with Feb. 13, 2008 concessionary agreement. The term of Concessionary agreement is 30 years with 20 years of prolongation right.   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 |  Related sections Latest news 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.Ex-Karabakh leader moved to solitary confinement cell in Baku, his son says David Vardanyan is the son of former Karabakh leader Ruben Vardanyan who who is currently imprisoned in Azerbaijan. |
