Newsfeed

VTB Bank (Armenia) among top 3 Armenian banks by amount of taxes paid in Q1 2016

Armenian Defense Ministry on possible provocations on May 9: One should be vigilant - the situation may escalate at any moment

In 2015 Anelik Bank increased personal time deposits by 16% amid 20% growth in retail lending

Aliyev gives an award to murderer of Armenian soldier Kyaram Sloyan

Ashotyan: Armenia pins no hopes on allies within CSTO

Yerevan: Baku is preparing ground for new military actions

Azerbaijani side pulling more forces and military hardware to its positions along Line of Contact: NKR Defense Army

Beeline Subscribers buying Micromax Bolt D320 smartphones to get a subscription to Smart 1500 tariff plan and 5GB internet

Commanders of volunteer platoons call on fresh forces to join them on frontline in Nagorno Karabakh

Serviceman Sargis Gasparyan died in Stepanakert on May 2 night

Zardusht Alizade: After Ukraine and Syria, Putin wants to play a peacekeeper’s role in Karabakh

Azerbaijani Armed Forces again shelling Armenian positions

Nagorno-Karabakh Defense Army: Adversary will receive response for its actions

Two servicemen of Nagorno-Karabakh Defense Army die in conflict zone

Hrant Bagratyan stresses the need to expand the scale of dismissals in Armenian Defense Ministry system

Head of EU Delegation to Armenia: Both Armenians and Azerbaijanis should prepare for peace

Parliamentary forces of Armenia ready to sign "gentleman's agreement" on excluding pre-election bribes

Mammadyarov to Sargsyan: Conditions put forward for resumption of negotiations undermine peace process on settlement

Azerbaijani FM: Russia has offered a phased solution to the Nagorno-Karabakh conflict

Zaruhi Postanjyan: Large-scale armed hostilities in Artsakh are yet to start

Armenian delegation comments on the ban on Artsakh flag at Eurovision Song Contest

UITE: 300 specialists and 50 companies in IT sector and engineering willing to contribute to development of Military Industrial Complex of Armenia

Sharmazanov to Mammadyarov: Baku will not succeed in its attempts to throw dust in eyes of international community

Armenian PR Association to establish with Beeline's support the first national PR award in Armenia

Areximbank-GPB Group staff members visit schools in Armavir region under My Finance Month-2016 project

Armenia's Parliament Vice Speaker: No negotiations are possible unless Azerbaijan stops violating ceasefire

U.S. Congresswoman Loretta Sanchez Calls for Leahy Law Investigation of Azerbaijani Abuses

Bako Sahakyan says Karabakh will cede no land and urges world community to reconsider its attitude towards aggressor

Bako Sahakyan: Karabakh conflict cannot be settled, unless Artsakh in involved in peace talks

Konstantin Kosachev: Turkey's stance on Karabakh encourages of one the sides to the conflict to continue it

Azerbaijan continues violating ceasefire arrangements

Armenian Defense Ministry registers 18 incidents on border with Azerbaijan

SCR: Number of railway casualties in Armenia keeps increasingly growing

Ankara hopes Karabakh conflict will be resolved with due regard for 'sovereignty' of Azerbaijan

Beeline extends functions of My Beeline Armenia application

Nikol Pashinyan: Opposition exaggerates Electoral Code's role in holding fair elections

France-Karabakh Circle of Friendship perplexed by lack of Paris' official reaction to Baku's explicit threats

Nagorno-Karabakh Defense Army presented evidences of rocket bombardment of Mataghis by Azerbaijani armed forces

Central Bank of Armenia approves merger agreement of ProCredit Bank and INECOBANK

Stratfor forecast: Military escalation will continue to be a possibility in Nagorno-Karabakh, with effects that reach far beyond the bounds of the small contested territory

EU supports peaceful resolution of Karabakh conflict, Malena Mard says

Azerbaijan's armed forces fire more than 240 rounds at Karabakh positions and target Mataghis populated area overnight

Armenia's Defense Ministry: Azerbaijan shells at state border with Armenia

U.S. Department of State: We have remained in contact with both governments and we need to see the peace process back up and running as soon as possible

Manvel Sargsyan: Armenia due to reconsider fundamentally its 20-year-long policy towards Russia

Regional

Abkhazian MPs suggest launching debates on resumption of railway service via Abkhazia

  • by Marianna Mkrtchyan

  • Tuesday, July 8, 18:50

 Vice Speaker of the Parliament of Abkhazia, Hero of Abkhazia Vagharshak Kosyan, MP of the Abkhazian Parliament of the second convocation, Hero of Abkhazia Galust Trapizonyan, Chevalier of the Order of Leon Karapet Karagozyan and MP of the Abkhazian Parliament of the fourth convocation, Chevalier of the Order of Leon Valery Mayromyan suggest launching public debates on possible resumption of the railway service via Abkhazia. 

According to abkhaz-auto.ru, the address signed by the parliamentarians says that the Eurasian integration processes keep on dynamically developing in the South Caucasus and that in May 2014 Armenia expressed its willingness to join the Customs Union in the shortest time possible.     
"We are convinced that both our compatriots and all the member states of the Customs Union will benefit from it. We also welcome Armenia's decision, because the strengthening of the "Transcaucasian vector" of Eurasian integration enhances Abkhazia's chances to join these structures as a sovereign state", says the address.  

"We suppose that even now Abkhazia can contribute to the processes of economic integration in the Caucasus and South Caucasus and can itself take an active part in these processes. For that purpose, we suggest discussing the issue of opening of the Abkhazian-Georgian section of the former Transcaucasus railway. This short and cheap section would enable the Armenian export goods to easily enter Russia and Russia, in turn, would receive a stable transport corridor with the states of the Caucasus, the Near and Middle East", the document says.

The parliamentarians point out that in terms of foreign policy, the participation of Abkhazia in the talks as a full party will contribute to extension of international recognition of the republic.  >From the economic point of view, Abkhazia's budget will have additional revenues. "In case of the launch of the railway with a capacity of 10 million tons, our country will be able to earn up to 6 billion rubles annually as a transit state. Moreover, Abkhazia's participation in the Transcaucasus transport corridor will contribute to Abkhazia's further involvement in the Eurasian integration processes", says the address. 
The MPs also urge the presidential candidates to take part in the public debates so that the newly elected president of the Republic of Abkhazia could initiate talks on opening of the Abkhazian- Georgian section of the railway.  

According to the survey of International Alert NGO (UK), the potential costs of rehabilitation of the South Caucasus railways, in particular the Sochi-Sukhumi-Tbilisi-Yerevan railway, will total $277.5 mln, which can pay for no earlier than in 100 years. The restoration of the 190km section Psou-Inguri will cost $251 million. The Inguri-Zugdigi section will cost $26.5 million. The section from Zugdigi to Tbilisi and farther to Yerevan needs no repair.  It is noteworthy that Abkhazian experts estimate the rehabilitation of the railway at $350-$400 million.  Meanwhile, Georgian experts claim that the project will cost some $73 million. -n-

Send to a friend

To (e-mail)


Your name


Message


Comments

View comments (0)
  • READ ALL COMMENTS
  • POST A COMMENT

Be first to comment on this article

* Indicates required fields