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Armenian Railways-Transit Between Europe & Asia

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  • Armenian Railways-Transit Between Europe & Asia

    ARMENIAN RAILWAYS-TRANSIT BETWEEN EUROPE & ASIA

    news.am
    Nov 12 2009
    Armenia

    South Caucasus Railways CJSC General Director Shevket N. Shaydullin
    addressed RA Government to grant the company the national enterprise
    status. According to Shaydullin, it will enable the company to join
    international organizations and equally compete with the railway
    companies in neighboring states. It will also give an opportunity to
    attract new investments.

    "Rapid developments in the South Caucasus, particularly border
    opening and the prospects of Iran-Armenia railway construction
    might dramatically change domestic and foreign economic situation
    of Armenia. In addition, it will signify the role of railway in
    country's political and economic life. Under certain developments,
    Armenian railway should be considered transit for Europe-Asia and
    North-South international transport corridor," stated Shaydullin.
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