South Caucasus Railway cargo traffic up 6.1% in Q1April 19, 2013 - 13:57 AMT PanARMENIAN.Net - South Caucasus Railway transported 648.6 million tons of cargo in the first quarter of 2013, up 6.1% from the same period in 2012. In January-March the export traffic reached 95.3 million tons of cargo, down 1.8% from the year earlier. The import traffic reached 229.0 thousand tons, decreasing by 1.7% as compared to January-March 2012. The volume of freight in local traffic by rail reached 324.3 thousand tons, an increase over the first quarter of last year to 15.3%. The average daily loading on the rail increased by 12.7%; the average daily discharge increased by 7%. The railway is gradually increasing its key performance indicators, including the volume of freight traffic. The results were made possible due to SCR flexible tariff policy aimed at reducing transport costs in the price of the goods transported. 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 | Power of One Dram sums up two-year program with Teach for Armenia Idram Junior also joined the companies during the visit, bringing with it a fascinating intellectual game for children Civil disobedience campaigns continue in Yerevan People demanding Prime Minister Nikol Pashinyan’s resignation again blocked streets in Yerevan on May 15. Court in Azerbaijan extends former Karabakh leader’s arrest by 5 months The Binagadi District Court in Azerbaijan has granted the prosecutor’s petition to extend the arrest of Arkady Ghukasyan. Ucom General Director joins High-Tech Development Panel Discussion The discussion was titled "The Role of International Corporations and Investors as Catalysts for Development of High-Tech Ecosystem." |