  Baku-Tbilisi-Kars railway project claims more fundsFebruary 3, 2011 - 09:26 AMT PanARMENIAN.Net - The cost of Baku-Tbilisi-Kars railway project increased due to the global economic developments. According to Azerbaijani Transport Minister Musa Panahov, the volume of cargo to be transported via the railway will also be increased. To implement the project, Azerbaijan issued a $200-million loan with 1% interest for 25 year term. Baku will also allocate additional funds, when the final calculations are done. “The annual interest rate for the new loan will be around 4-6%,” Panahov said, the Azeri-Press Agency reported.   Top stories Azerbaijani authorities report that they have already resettled 3,000 people in the Nagorno-Karabakh town of Stepanakert. On June 10, Azerbaijani President of Azerbaijan Ilham Aliyev will leave for Turkey on a working visit. 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.   Partner news |  Latest news Viva sees growing demand for cloud services  In recent years, medical institutions are starting to make use of Viva’s cloud servicesArmenian, German presidents meet in Berlin Armenian and German Presidents Vahagn Khachaturyan and Frank-Walter Steinmeier met in Berlin.Armenia assumes presidency of Mediterranean Network of Regulatory Authorities The Commission on Television and Radio of Armenia said it expects productive cooperation in various formats.Balance of attached cards in the Idram&IDBank app From now on, users will be able to view the online balances of cards issued by ArCa system banks and attached to the app. |
