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ROA will hamper construction of Kars-Baku railway by political means

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  • ROA will hamper construction of Kars-Baku railway by political means

    Regnum, Russia
    Jan 29 2007

    Armenia will hamper construction of Kars-Baku railway by political
    means


    Armenia has been always guided by economic effectiveness of projects
    and it categorically opposes political projects that look like
    economic ones only on the first sight, which is in particular true
    about the Kars-Akhalkalaki-Tbilisi-Baku railway, Armenian president's
    spokesman Viktor Sogomonyan announced at a news conference on January
    29.

    According to him, official Yerevan categorically opposes construction
    of the railway and it will use negotiations at different levels as a
    lever of influence. `The fact that the United States refused to
    finance the construction is a result of the official Yerevan's
    steps,' Viktor Sogomonyan noted adding that the Armenian side at
    various meetings raises the issue of the railway, which Turkey,
    Georgia and Azerbaijan want to construct bypassing Armenia.

    Earlier, on January 24, US Charge d'Affairs in Armenia Anthony
    Godfrey announced that the USA found important and promoted regional
    cooperation processes in South Caucasus, as they are basic guarantee
    of stability in the region. He reminded that the USA refused to
    finance the Kars-Akhalkalaki-Tbilisi-Baku project, saying at that if
    `the participant countries intend to implement the project without
    expecting financial help from the USA, we cannot prohibit it.'

    The Kars-Akhalkalaki-Tbilisi-Baku project envisages construction of
    the 98 km long Kars-Akhalkalaki railway, 68 of which come across the
    Turkish territory, 30 km via the Georgian territory, and
    reconstruction of the Akhalkalaki-Tbilisi section. Construction works
    in Turkey are estimated $422 mln, with the infrastructure - $600 mln.
    Azerbaijan expressed readiness to finance its share of the project
    worth $200 mln and will give $200 mln to Georgia as credit with
    annual rate of 1%. The loan will be repaid in 25 years.

    The project is supported by Turkey and Azerbaijan, as it is aimed at
    connecting the two countries bypassing Armenia. At present time, the
    railroad between them runs through the Armenian territory, however it
    is blocked by the Turkish side. The project received no support from
    the European Union or the United States. The Armenian community in
    Georgia speaks against this new railroad, as it will once and for all
    estrange Armenia from normal communication with countries in the
    region and the world. The US administration prohibited American
    companies from participating in financing the project.
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