Russia and Armenia to create railway company

Russia and Armenia to create railway company

RBC, 03.11.2004, Moscow 17:06:00.In the course of today’s working
meeting in the Armenian capital of Yerevan, Russian Railways President
Gennady Fadeyev and Armenian Prime Minister Andranik Margarian signed
letters of intent to create a joint company using attracted private capital.
The company will deal with cargo transportation between Armenia and Russia,
the press service of Russian Railways reported.
According to Fadeyev, this project will stabilize the transportation
system in the Caucasus. In his turn, Margarian pointed out that Armenia was
interested in participating in the project concerning the north-south
transportation corridor and in widening cooperation with Russia.

From: Emil Lazarian | Ararat NewsPress