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Rebets: Armenia's Membership In Eurasian Economic Union To Create Fa

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  • Rebets: Armenia's Membership In Eurasian Economic Union To Create Fa

    REBETS: ARMENIA'S MEMBERSHIP IN EURASIAN ECONOMIC UNION TO CREATE FAVORABLE CONDITIONS FOR BUILDING UP FREIGHT TRAFFICT

    YEREVAN, December 22. /ARKA/. Armenia's membership in the Eurasian
    Economic Union will create favorable conditions for building up freight
    traffic, South Caucasus Railway CEO Viktor Rebets told journalists
    on Monday.

    It will spur economic activity as well as industrial growth and
    exports and as a result, freight traffic will grow.

    Rebets said that the country's accession to the Eurasian Economic
    Union will have no impacts on the company's price policy.

    In his words, the company shapes its price policy taking into account
    market environment in Armenia, and approaches applied in other member
    countries don't impact the company's price policy.

    Rebets said.

    On December 4, the Armenian National Assembly ratified the agreement
    on Armenia's accession to the union.

    South Caucasus Railway, a subsidiary of Russian Railways, runs
    Armenian Railway, which was handed over to the South Caucasus Railway
    on February 13, 2008 for 30-year concession management with a right
    to prolong the management term for other 10 years. ($1 - AMD 456.17).

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    http://arka.am/en/news/economy/rebets_armenia_s_membership_in_eurasian_economic_u nion_create_favorable_conditions_for_building_up_f/#sthash.wCrEU6HD.dpuf

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