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Armenia's Isolation Deepens, Says "Economist" Magazine

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  • Armenia's Isolation Deepens, Says "Economist" Magazine

    ARMENIA'S ISOLATION DEEPENS, SAYS "ECONOMIST" MAGAZINE

    PanARMENIAN.Net
    01.03.2007 16:49 GMT+04:00

    /PanARMENIAN.Net/ Armenia's isolation will deepen more and more because
    Armenia does not participate in the Baku-Tbilisi-Akhalkalaki-Kars
    railway project, says the report of "Economist" analytical center
    February edition. "Armenia just another time occurs out of profitable
    regional projects. With the beginning of railway's functioning
    Azerbaijan can transport more than 500 million tons of freight to
    Turkey annually.

    Azerbaijan, Georgia and Turkey already now closely cooperate in
    transportation of Caspian energy resources to Turkey.

    Armenia tried to hinder the railway project. There is a strong
    Armenian community in the U.S.A., which could achieve a decision by
    the Congress, which bans American banks and government to finance the
    Baku-Kars railway construction. The magazine says that despite the
    fact that Armenian side offered to reconstruct the existing Kars-Gyumri
    railway and open Armenian-Turkish border with favorable customs regime,
    construction of Baku-Kars railway continues.

    Experts of "Economist" think that the closed borders and absence of
    energy resources makes Armenia dependent on Russia very much. And the
    later does not pay attention to interests of Armenia, which arouses
    anger among pro-Western political figures.

    "Nevertheless, the greater part of Armenian population continues
    to accept Russians as security guarantee in the context of threats
    proceeding from Azerbaijan and Turkey. But it is not quite clear, if
    Russian will rally interfere, if say, Azerbaijan will launch military
    actions in Nagorno Karabakh," the magazine writes, RFE/RL reports.
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