Restoration of rail route to Azerbaijan "will cost Armenia $226M"December 28, 2021 - 13:57 AMT PanARMENIAN.Net - The restoration of the Yeraskh - Julfa (Jugha) - Ordubad - Meghri - Horadiz railway on the territory of Armenia will cost about $226 million, Sputnik Armenia cited the Ministry of Territorial Administration and Infrastructures as saying on Tuesday, December 28. According to preliminary data, construction of the rail route with a length of about 45 kilometers in Meghri will cost some $221 million. A further $5 million will be required to restore the rail section near Yeraskh (about 1 kilometer). At the same time, the ministry added that a feasibility study is necessary is necessary to determine the exact price of the new infrastructure. Prime Minister Nikol Pashinyan said in mid-December that at a meeting with Azerbaijani President Ilham Aliyev in Brussels the sides have reaffirmed their agreement to build a rail route from Armenia to Azerbaijan through Nakhijevan. 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 | European Parliament to discuss repression in Azerbaijan The European Parliament will discuss repression of civil society in Azerbaijan on April 24 PACE wants concessions from Azerbaijan to accept Baku back A PACE co-rapporteur said that Azerbaijani authorities must make certain concessions so that the country can return to PACE. Cyprus parliament honors Armenian genocide victims Acting House President Zacharias Koulias noted that April 24 marks the “black anniversary” of the Armenian genocide. Armenia PM, France envoy discuss regional matters Issues related to the consistent development of Armenia-France cooperation were discussed. |