Baku Today
Nov. 5, 2004

Four Caucasus Countries’ Railway Companies to Establish a Joint Venture

Russian Transport Minister Igor Levitin said on Wednesday that Russia,
Georgia, Armenia and Azerbaijan are going to establish a joint venture
to restore Transcaucasian railway network.

He said the decision has been taken during the negotiations between
leaders of three republics of the region.
“Three countries’ presidents confirmed they are ready to consider the
scheme of creation of operator company proposed by the transport
ministries,” said Levitin. “We understand that signing of the agreement
between four countries is a difficult matter from political viewpoint
and we offered to create the operator company, which will manage the
traffic.”

Azerbaijan state railway refused to give any comments on the
above-mentioned statement made by Russian Minister.