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American Companies Cannot Participate In Kars-Akhalkalaki Constructi

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  • American Companies Cannot Participate In Kars-Akhalkalaki Constructi

    AMERICAN COMPANIES CANNOT PARTICIPATE IN KARS-AKHALKALAKI CONSTRUCTION

    Lragir.am
    15 June 06

    American companies are not allowed to take part in the construction of
    Kars-Akhalkalaki railroad. The National Armenian Committee of America
    told the news agency ARKA June 15 that the financial committee of the
    U.S. House adopted a decision on this. In particular, the document
    forbids the U.S. Export Import Bank to assist in the construction
    of the Kars-Akhalkalaki-Tbilisi-Baku railroad, bypassing Armenia,
    intended to start in the second half of 2006, and with projected
    costs of about 500 million dollars.
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