Kars-Tbilisi-Baku Railway Construction to Be Launched in Spring 2007December 4, 2006 - 13:26 AMT PanARMENIAN.Net - The Kars-Akhalkalaki-Tbilisi-Baku railway project is supposed for implementation in spring 2007, Georgian Prime Minister Zurab Noghaideli told reporters. "We form working groups under the rule of Azerbaijani Minister of Transport and Georgian Minister of Economic Development in order to promote the preparation process. The final agreement on the terms and amount of the credit will be achieved upon completion of the talks," he said.Noghaideli informed that till first quarter of 2007 the talks will be over and the sides will sign a corresponding intergovernmental agreement. The reconstruction of one railway branch will be launched next spring, construction the other branch will be started by the end of 2007. The project costs $420 million. $220 million will be spent on works in the Georgian sector, reports Day.az. Armenia stands against the railway building and rates the project as economically inexpedient, since the construction is carried out in contrast to the existing Kars-Gyumri-Tbilisi-Baku railway. Top stories Azerbaijani President Ilham Aliyev arrived in Moscow on April 22 to hold talks with Russian counterpart Vladimir Putin. Authorities said a total of 192 Azerbaijani troops were killed and 511 were wounded during Azerbaijan’s offensive. In 2023, the Azerbaijani government will increase the country’s defense budget by more than 1.1 billion manats ($650 million). The bill, published on Monday, is designed to "eliminate the shortcomings of an unreasonably broad interpretation of the key concept of "compatriot". Partner news | idcoin: New tool in IDBank’s loyalty system IDBank has announced the launch of idcoin, a new tool in the customer loyalty system. U.S., Armenia sign customs deal According to Armenian customs data, U.S.-Armenian trade reached $670 million last year. Glendale mayor to visit Yerevan Asatryan last visited Armenia in December 2022-January 2023 as she helped establish a partnership between Armenia’s Opera House and Los Angeles Opera. Ucom’s fixed network launches in Nor Hachn City residents will be able to use fixed-line Internet, mobile communications and television in one package at more affordable prices. |