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Russia and Armenia to create railway company

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  • 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
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