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  • Moscow Puts Forth New Demand To Armenia

    MOSCOW PUTS FORTH NEW DEMAND TO ARMENIA

    Russian Railways may lose 93.2 b rubles in 2014 unless the fare is
    reviewed. The loss may result in 62,000 redundant employees, RIA
    Novosti reported. If the fare remains the same, the company may have
    to save money on modernization of infrastructures which might affect
    security, as well as cut staff and investments.

    Recently the Russian Prime Minister Medvedev has instructed to keep
    fares, as well as prices of all the natural monopolies at the level
    of 2013.

    Russian Railways operates the Armenian railways for 30 years.

    Operations are run by South Caucasian Airlines.

    When Serzh Sargsyan met with Putin on September 3 and announced to
    join the Customs Union, it was also announced that Armenia and Russia
    have achieved several important agreements, one of them being Russia's
    willingness to invest 15 b for the development of the Armenian railway.

    Can a company that is facing reductions and need for savings invest
    15b in Armenia? For the sake of what should it make this investment
    when Armenia has already stated to join the Customs Union and has
    spoiled its relations with Europe and ruined its own reputation?

    Russia does not have a political or economic rationale to invest
    15b rubles. The Armenian railway is a closed cycle, and the Turkish
    border is closed and will continue to be, while Abkhazia and Georgia
    dismissed Arthur Baghdasaryan's statement on reopening the Abkhazian
    railway before it had left the lips of the secretary of the Armenian
    National Security Council.

    The Russian government is not stupid to invest 15 billion in a
    dead-end siding. It is more probable that Russia will demand something
    from Armenia for those 15 billion rubles. I don't mean that Serzh
    Sargsyan will be made to congratulate not only the election of the
    mayor of Moscow, which he did today, but also the mayors of Abakan,
    Novgorod, Yekaterinburg, Vologda, Voronezh, Khabarovsk, Petrozavodsk
    and Vladivostok. The stipulation could be extension of the concession
    on the railway for several dozens more years or simply privatize the
    railways to Russia following the model of ARG.

    Hakob Badalyan 15:28 11/09/2013 Story from Lragir.am News:
    http://www.lragir.am/index/eng/0/comments/view/30866




    From: A. Papazian
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