SOUTH CAUCASUS RAILWAYS CJSC ADOPTS NEW POLICY OF COOPERATION

Noyan Tapan

Feb 2, 2009

YEREVAN, FEBRUARY 2, NOYAN TAPAN. Receiving the newly-appointed CEO
of South Caucasus Railways CJSC Shevket Shaydullin on February 2,
the Armenian Prime Minister Tigran Sargsyan said that in recent
period the concessioner of Armenian Railways has become a target of
many complaints by business circles and society. This problem was
discussed during high-level meetings: with the former head of South
Caucasus Railways Vladimir Yakunin, during the visit of the Russian
President Dmitry Medvedev to Armenia, later in Russia – with the
Prime Minister Vladimir Putin.

S. Shaydullin said that their company adopted a new policy of
cooperation, under which South Caucasus Railways CJSC is not only
an investment making company but also one forming the national
transport network and having projects of its integration with the
European transport network. In his words, the company must fulfil
the obligations it has assumed. He called the cooperation with the
RA Ministry of Transport and Communication efficient, underlining the
necessity to sign additional agreements to avoid technical problems.

According to a press release of the RA Government Information and
PR Department, T. Sargsyan said that the Armenian government will
provide the necessary assistance to ensure rapid construction of the
North-South railway.