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Expert: Armenia May Take Advantages Of Russia-Proposed Eurasian Corr

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  • Expert: Armenia May Take Advantages Of Russia-Proposed Eurasian Corr

    EXPERT: ARMENIA MAY TAKE ADVANTAGES OF RUSSIA-PROPOSED EURASIAN CORRIDOR IF ABKHAZIAN RAILWAY SECTION OPENS

    YEREVAN, September 11. /ARKA/. Armenia may take advantages of the
    Eurasian corridor that Russia has proposed to open if the railroad
    stretching across Georgia's breakaway Abkhazia opens, Aram Safaryan,
    head of an NGO called Integration and Development, said Wednesday
    in Novosti International Press Center. The Russia-proposed corridor
    stretches from its Far East region to the European Union's border.

    "Specialists have calculated that if this corridor works properly,
    in accordance with its technical and economic regulations, cargo
    transportation from the Far East to Europe will take less time, up
    to 50 days, in the future thanks to immense government investments,
    and it may become cheaper," Safaryan said.

    "But only the opening of the Abkhazian section of the railway would
    give this advantage to Armenia."

    Safaryan said if the Abkhazian railway starts functioning, it would
    benefit Armenia's trade with Russia and its partners.

    "China is our second biggest trade partner after Russia, and the
    first partner, if gas component is not taken into account. Our trade
    turnover amounted to almost $500 million in 2012."

    Safaryan also said that prices for Chinese goods may be other, if
    the Abkhazian section is opened.

    "The status of observer at Shanghai Cooperation Organization
    will become reasonable if we solve important problems within the
    Commonwealth of Independent States," he said.

    In his words, specialists find prospects for the opening very high
    given political processes in Georgia. ---0---

    16:49 11.09.2013

    http://arka.am/en/news/economy/expert_armenia_may_take_advantages_of_russia_propo sed_eurasian_corridor_if_abkhazian_railway_section/

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