Georgia, Russia, Armenia and Abkhazia to Discuss Restoration of Abkhaz RailwayMay 2, 2006 - 19:48 AMT PanARMENIAN.Net - Director General of Georgian Railways Public Corporation Irakly Ezugbaya will take part in the meeting of the quadripartite commission (Georgia, Russia, Armenia and Abkhazia) on restoration of the Abkhaz part of the Tbilisi-Sochi railway. «During the session of the commission in Moscow May 3-4 creation of a consortium with participation of all four sides of the project will take place,» Spokeswoman of the Director General of Georgian Railways Public Corporation Tamara Machavariani said.In her words, according to preliminary data, the project cost fluctuates between $200 and $250 million, while the share participation of the consortium members is still subject to discussion, reports Novosti Gruzia. We note that rail communication between Georgia and Russia through Abkhazia was stopped right after the Georgian-Abkhaz armed conflict commenced in 1992-1993. 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 |