Announcement

Collapse
No announcement yet.

BAKU: Talks on $400m transport project postponed

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

  • BAKU: Talks on $400m transport project postponed

    TALKS ON $400M TRANSPORT PROJECT POSTPONED

    AzerNews, Azerbaijan
    Aug 25 2005

    The discussions on a major regional railway project have been
    postponed again. The meeting of Azerbaijani, Georgian and Turkish
    transport ministers initially planned for August 24 will take place
    early in September instead due to their busy schedule, according to
    the Azerbaijan railway spokesman Nadir Azmammadov.

    "The new date for the meeting is currently being determined", he
    said. The $400 million project envisions building a 98-km railway line
    (68 km in Turkey and 30 in Georgia). Joining the Azeri and Georgian
    railways with the Turkish section will allow the movement of trains not
    only between Azerbaijan and Georgia but also to Western Europe though
    Bulgaria, or in the southward direction toward Syria, Iraq and Jordan.
    The project represents political importance for Azerbaijan as well.
    Its implementation leaves Armenia out of regional transport projects,
    and operation of the Gumri, Armenia-Gars, Turkey railway section will
    be out of the question. This railway section is currently not in
    use due to Turkey's demands on Armenia's pullout from the occupied
    Azeri territories. Moreover, the construction of a Gars-Nakhchivan
    railway line in the future is possible as well. The most challenging
    part of the project is funding the railway by Georgia, which, unlike
    Azerbaijan, is experiencing financial constraints.
Working...
X