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Businesses Will Sustain Losses As Lars BCP on Georgian Border Remains Closed
Roza Hovhannisyan, Reporter
Business - Saturday, 24 May 2014, 15:57
The BCP of Upper Lars has been damaged by the landslide and closed,
and the trailers with cargo imported to or exported from Armenia are
waiting there in a line.
The head of the Union of Manufacturers and Businessmen Arsen Ghazaryan
told Lragir.am the line of trailers is long as this is a high season
of imports. According to him, this is a force majeure for businesses.
It will affect the pace of businesses. "The Georgian side has promised
to reconstruct the road within 15 days. They're still working," Arsen
Ghazaryan said.
However, he did not rule out that road works may last longer. "This
collapse was a surprise. It is the first case over the past 120 years.
Equipment is working, people are doing everything they can, we'll
see." He said they have suggested cargo transportation by containers
but it is too expensive.
"We suggest transporting goods in containers to Novorossiysk via Poti
but it requires additional costs and time," Arsen Ghazaryan says.
Upper Lars has been closed since May 17 due to the landslide in the
Georgian territory.
- See more at: http://www.lragir.am/index/eng/0/economy/view/32474#sthash.v7o26IJb.dpuf
Roza Hovhannisyan, Reporter
Business - Saturday, 24 May 2014, 15:57
The BCP of Upper Lars has been damaged by the landslide and closed,
and the trailers with cargo imported to or exported from Armenia are
waiting there in a line.
The head of the Union of Manufacturers and Businessmen Arsen Ghazaryan
told Lragir.am the line of trailers is long as this is a high season
of imports. According to him, this is a force majeure for businesses.
It will affect the pace of businesses. "The Georgian side has promised
to reconstruct the road within 15 days. They're still working," Arsen
Ghazaryan said.
However, he did not rule out that road works may last longer. "This
collapse was a surprise. It is the first case over the past 120 years.
Equipment is working, people are doing everything they can, we'll
see." He said they have suggested cargo transportation by containers
but it is too expensive.
"We suggest transporting goods in containers to Novorossiysk via Poti
but it requires additional costs and time," Arsen Ghazaryan says.
Upper Lars has been closed since May 17 due to the landslide in the
Georgian territory.
- See more at: http://www.lragir.am/index/eng/0/economy/view/32474#sthash.v7o26IJb.dpuf