In 2009 investments into Armenian railway system will comprise RR 2,7 billionMay 16, 2009 - 16:45 AMT PanARMENIAN.Net - "It's time to put the Armenian railways in order," said RF vice prime minister Sergey Ivanov a press conference. Prior to that, management of the South Caucasus Railways company submitted a business plan aimed at development of the company, improving the quality of service, renovation of vehicles, as well as anti-crisis program and investment plan. Management of Russian Railway expressed readiness to invest in the South Caucasus Railway RR 2,7 billion . CJSC South Caucasus Railways is a subsidiary of OJSC Russian Railways. According to concession, signed on February 13 last year «Armenian Railways» were passed to concession management of South Caucasus Railways for a 30 year period with permission to prolongate the term for another 10 years. South Caucasus Railways pledged to make investments into infrastructure. 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 | Armenia Security Council chief traveling to Qatar Secretary of the Security Council of Armenia Armen Grigoryan will travel on a working visit to Qatar. Armenian Foreign Minister regrets “tragic loss” of Iranian counterpart The Armenian Foreign Ministry has expressed shock over the death of the Iranian President and the Minister of Foreign Affairs. Armenian PM sends condolences to Iran Prime Minister Nikol Pashinyan sent a message of condolence to the Supreme Leader Seyyed Ali Khamenei. Armenia, Turkey discuss restoration of historic bridge The meeting took place on May 17 in Ashgabat on the sidelines of an international conference of ministers of culture. |