Russia, Ukraine, Georgia, Armenia, Turkey planning Black Sea Ring HighwayFebruary 7, 2008 - 13:53 AMT PanARMENIAN.Net - Russia, Ukraine, Georgia, Armenia and Turkey are planning to launch Black Sea Ring Highway project supposing ferry communication, Russian Transport Minister Igor Levitin said. Kavkaz-Kerch (Ukraine) and Kavkaz-Poti (Georgia) are functioning. The project includes establishment of ferry communication with Varna (Bulgaria) and Istanbul (Turkey).According to the Minister, the Black Sea Ring Highway project is supposed to be implemented in 2010-2015. The cargo traffic will raise from 2.000.000 to some 5.000.000 tons. In all, 12 ferries will be put into operation. "We don't think there can be problems with Georgia except for some tariff issues. Anyway, Georgia can't block the cargo pass," Mr Levitin said, Georgia Online reports. 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 | “By Your Side”: IDBank's new support program for displaced Artsakh citizens IDBank is launching a long-term social support program for forcibly displaced Artsakh residents. The Power of One Dram to benefit Road of Life charity The companies inform that the May beneficiary of The Power of One Dram is the “Road of Life” charitable organization. Ucom General Director gives lecture at French University in Armenia The General Director of Ucom Ralph Yirikian delivered a lecture at the French University of Armenia. Kazakhstan welcomes Yerevan, Baku’s agreement to meet in Almaty Kassym-Jomart Tokayev has welcomed the agreement of Baku and Yerevan to hold negotiations in Almaty. |