SCR freight traffic comprised 146.1 % in OctoberNovember 11, 2009 - 18:37 AMT PanARMENIAN.Net - In October, 2009, South Caucasian Railways CJSC fulfilled its freight traffic plan by 146.1 %. Freight delivery thus comprised 80448,4 freight/1 km, instead of the planned 55058,7/1 km, the company's press service reports.Export volumes totaled 47.4%, making up 25.9 thousand tons instead of the planned 54.6 thousand. Import volumes comprised 150.3% or 178.9 thousand tons, instead of the planned 119 thousand. As to internal freight traffic, it comprised 150.3% or 178.9 thousand tons instead of the planned 70.5 thousand. Such growth is first of all conditioned by flexible tariff policy and permanent enhancement of transportation services. South Caucasian Railways CJSC is a 100% subsidiary of Russian Railways CJSC. Under a concessionary agreement dated February 13, 2008, Armenian Railways CJSC was handed over to company's concessionary management. Agreement was signed for the period of 30 years, with possible extension of additional 10 years. 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 | U.S. believes peace is “possible” in South Caucasus The United States continues to believe that peace is possible in the South Caucasus, Vedant Patel said. Government reveals details from Pashinyan’s meeting in border village Prime Minister Nikol Pashinyan has met with a group of residents of a border village in Armenia’s northern Tavush province Narek Manasyan wins European Boxing Championships silver for Armenia Armenia’s Narek Manasyan (92kg) won Armenia’s second silver medal at the European Boxing Championships 2024 on April 28. Blinken urges Azerbaijan to continue negotiations with Armenia Secretary of State Antony J. Blinken has urged Azerbaijani President Ilham Aliyev to continue negotiations with Armenia. |