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Information On Kars-Akhalkalaki-Baku Line Inexpedience Resembles Blu

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  • Information On Kars-Akhalkalaki-Baku Line Inexpedience Resembles Blu

    INFORMATION ON KARS-AKHALKALAKI-BAKU LINE INEXPEDIENCE RESEMBLES BLUFF

    PanARMENIAN.Net
    30.09.2008 16:11 GMT+04:00

    /PanARMENIAN.Net/ Reports on inexpedience of Kars-Akhalkalaki-Baku
    are far from being real and resemble a bluff, said a contributing
    analyst at Jane's Information Group.

    "Turkey just offered to build a new Kars-Gyumri line to engage Armenia
    into the project. At that, it doesn't imply repair of the existing
    track but construction of a new one," Richard Giragosian commented
    to a PanARMENIAN.Net reporter.

    Reports say that during the September 16 coordination council meeting,
    the Turkish side questioned advisability of the project in connection
    with the recent regional development.

    In total 98 kilometers (61 mi), the line is supposed to be built
    between Kars and Akhalkalaki, with 68 kilometers (42 mi) within
    Turkey and 30 kilometers (19 mi) in Georgia. The existing line from
    Akhalkalaki on to Tbilisi and Baku will be modernized.

    For the construction of the railroad on Georgian territory, Azerbaijan
    is providing a US$220 million loan, repayable in 25 years, with an
    annual interest rate of only 1%.

    From: Emil Lazarian | Ararat NewsPress
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