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TALKS ON RESTORING ABKHAZ SECTION OF GEORGIAN-RUSSIAN RAILWAY HELD IN MOSCOW
Apsnypress, Sukhumi
4 May 06
Sukhumi, 4 April: Negotiations continued today in Moscow over the
restoration of the Abkhazia section of the Transcaucasian Railway
[connecting Georgia and Russia]. Taking part are representatives of
Russia, Georgia, Abkhazia and Armenia.
The Abkhaz delegation consists of Andrey Turukin, representative of
the republic of Abkhazia to the government of the Russian Federation
on railway issues, Guram Gubaz, director-general of the Abkhaz railway
directorate, and his deputy, Daur Avidzba.
Georgia is represented by Irakli Ezugbaia, director-general of the
Georgian Railways Ltd and Iuri Chavchanidze, director of railway
infrastructure. The Armenian delegation is headed by the head of
Armenian Railways, Ararat Khrimyan.
The Russian delegation is led by Mikhail Akulov, the vice-president
of the joint stock company Russian Railways, who is also chairing
the meeting.
"At yesterday's meeting we discussed general principles for the
creation of an international consortium, its name, form of ownership,
i.e. all organisational issues. No specific decisions have yet been
made," Turukin told Apsnypress by telephone.
Today a protocol of a general organisational character is to be signed.
Turukin said that the document should reflect that the sides are in
agreement over the creation of a consortium. The consortium will
most likely be called the Caucasus Railway Consortium. "This will
probably be an open-type joint stock company, given the fact that it
will be necessary to attract investment and create shareholdings,"
Turukin said.
At the meeting, the consortium's place of registration was also
discussed, though the sides have yet to reach consensus on this
issue. The Russian delegation proposed that it be organized in
Russia. "Then, some international body will be invited to prepare a
business plan. This should be an authoritative international body,"
he said.
The protocol, he said, will reflect these considerations.
"This is the first protocol. It will signed today by all the
sides. Abkhazia is a full participant in these talks, not merely an
adjunct party. We insisted that Abkhazia be represented as a fully
fledged participant," Turukin said.
He added that the meeting is going forward in a very constructive
working atmosphere. "The sides comprehend the fact that this is
an important matter, that infrastructure must be restored. In the
future we will discuss the levels of equity and the principles of
dividing equity, and who will enter the consortium with what shares,"
Turukin said.
Apsnypress, Sukhumi
4 May 06
Sukhumi, 4 April: Negotiations continued today in Moscow over the
restoration of the Abkhazia section of the Transcaucasian Railway
[connecting Georgia and Russia]. Taking part are representatives of
Russia, Georgia, Abkhazia and Armenia.
The Abkhaz delegation consists of Andrey Turukin, representative of
the republic of Abkhazia to the government of the Russian Federation
on railway issues, Guram Gubaz, director-general of the Abkhaz railway
directorate, and his deputy, Daur Avidzba.
Georgia is represented by Irakli Ezugbaia, director-general of the
Georgian Railways Ltd and Iuri Chavchanidze, director of railway
infrastructure. The Armenian delegation is headed by the head of
Armenian Railways, Ararat Khrimyan.
The Russian delegation is led by Mikhail Akulov, the vice-president
of the joint stock company Russian Railways, who is also chairing
the meeting.
"At yesterday's meeting we discussed general principles for the
creation of an international consortium, its name, form of ownership,
i.e. all organisational issues. No specific decisions have yet been
made," Turukin told Apsnypress by telephone.
Today a protocol of a general organisational character is to be signed.
Turukin said that the document should reflect that the sides are in
agreement over the creation of a consortium. The consortium will
most likely be called the Caucasus Railway Consortium. "This will
probably be an open-type joint stock company, given the fact that it
will be necessary to attract investment and create shareholdings,"
Turukin said.
At the meeting, the consortium's place of registration was also
discussed, though the sides have yet to reach consensus on this
issue. The Russian delegation proposed that it be organized in
Russia. "Then, some international body will be invited to prepare a
business plan. This should be an authoritative international body,"
he said.
The protocol, he said, will reflect these considerations.
"This is the first protocol. It will signed today by all the
sides. Abkhazia is a full participant in these talks, not merely an
adjunct party. We insisted that Abkhazia be represented as a fully
fledged participant," Turukin said.
He added that the meeting is going forward in a very constructive
working atmosphere. "The sides comprehend the fact that this is
an important matter, that infrastructure must be restored. In the
future we will discuss the levels of equity and the principles of
dividing equity, and who will enter the consortium with what shares,"
Turukin said.