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BAKU: Georgia-Armenian Agreement To Focus On Traffic

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  • BAKU: Georgia-Armenian Agreement To Focus On Traffic

    GEORGIA-ARMENIAN AGREEMENT TO FOCUS ON TRAFFIC
    Author: Mammadov

    TREND Information, Azerbaijan
    April 25 2006

    A new Geo-Armenian agreement on traffic communications will be inked
    April 25.

    The Armenian delegation led by the Minister of Transportation Andranik
    Manukian arrives in Tbilisi Tuesday morning.

    The Ministry of Economic Development of Georgia reported to
    InterpressNews that the new project is meant to increase the rate of
    cargo transportation between the two republics and strengthen the
    tendencies of economic cooperation. Irakli Chogovadze, Minister of
    Economic Development of Georgia and the Minister of Transportation
    of Armenia, Andranik Manukian will sign the draft agreement.

    According to the new agreement the permission quotas set for cargo
    transportation will be lifted and the taxes for the Road Fund of
    Armenia will be abolished. This will make the transportation process
    much more convenient not only for truck owners but also for the owners
    of passenger vehicles.

    The Road Fund Taxes have been abolished in Georgia since year 2005.

    From: Emil Lazarian | Ararat NewsPress
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