NO RAILWAY TARIFF REDUCTION BY GEORGIA, ARMENIAN RAILWAYS

ARMENPRESS
Feb 6, 2008

YEREVAN, FEBRUARY 6, ARMENPRESS: A senior official of the Armenian
Railways Company denied today media reports claiming that the
neighboring Georgia will increase railway tariffs on transit of
Armenian cargo.

Vladimir Marutyan, head of cargo and commercial department of the
Armenian Railways company, said the Georgian company did not notify
them officially about its plans to raise the tariffs.

He said according to an agreement signed by two companies the Georgia
side is to notify about its plans to revise the current tariffs one
month beforehand.

Reports in Georgian media said railway tariffs for transit of Armenian
goods were to increase from March this year. ? Irakli Ezugbaya,
director-general of Georgian Railway, was quoted as saying that
reduced rate on transit of Armenian cargo will be annulled from March
1. He said this would concern, first of all, a 17% discount tariff
on transit of liquid cargo and 22% tariff of dry cargo.

The Armenian official, however, described this statement as politically
motivated aimed against Russia.