Kars-Akhalkalaki-Baku railroad project economically disadvantageous

PanARMENIAN.Net

Kars-Akhalkalaki-Baku railroad project economically disadvantageous
29.01.2007 15:10 GMT+04:00

/PanARMENIAN.Net/ The Kars-Akhalkalaki-Tbilisi-Baku railway
construction project is merely political and carries no economic
benefit, RA President’s Spokesman Victor Soghomonian said in
Yerevan. In his words, the U.S. and EU refused to finance the project
rating it as unprofitable. `Nevertheless, our neighbor states wish to
implement the project and we cannot prevent it,’ Soghomonian said.