RIA OREANDA
Economic News
November 3, 2004 Wednesday
Russian Railways and Armenian Railway Sign Memorandum of Cooperation in
Organization of Railway Communication between Russia and Armenia
Yerevan. The President of JSCO “Russian Railways” Gennady Fadeev and
the General Director of JSC “Armenian Railway” Ararat Khrimyan will
sign the Memorandum of Cooperation in the field of organization of
railway communication between Russia and Armenia, public relations
department of JSCO “Russian Railways” informed.
The Memorandum proclaims intentions of Russian and Armenian parties to
develop cooperation between railways of Russia and Republic of Armenia
in the field of rail transportation, rolling stock, infrastructure,
techniques and corresponding railway equipping.
In particular, the Memorandum speaks about intention to organize rail
transportation between the Russian Federation and Republic of Armenia
with further output on routes of the international transport corridor
“North-South”, increase in volumes of transportations of mutual trade
cargoes between the Russian Federation and Republic of Armenia and
international transit, increase in efficiency and competitiveness of
railway cargo and passenger transportations.
“Railways always were and remain out of politics and borders between
the states, Gennady Fadeev has emphasized after arrival to Yerevan.
Purpose of our visit is arrangement of economic cooperation with
Armenian colleagues in the field of development of the largest Eurasian
transport corridors, in particular, corridor “North-South”.
It is supposed that the parties will charge specially created working
commission of experts of JSCO “Russian Railways” and JSC “Armenian
Railway” with preparation of offers on formation of joint company with
attraction of private capital for organization of transportations
between Russia and Armenia at creation of necessary infrastructure on
railway route Veseloe – Sukhumi – Yerevan.
From: Emil Lazarian | Ararat NewsPress