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Russia and Armenia to create railway company
RBC, 03.11.2004, Moscow 17:06:00.In the course of today's working meeting in the Armenian capital of Yerevan, Russian Railways President Gennady Fadeyev and Armenian Prime Minister Andranik Margarian signed letters of intent to create a joint company using attracted private capital. The company will deal with cargo transportation between Armenia and Russia, the press service of Russian Railways reported. According to Fadeyev, this project will stabilize the transportation system in the Caucasus. In his turn, Margarian pointed out that Armenia was interested in participating in the project concerning the north-south transportation corridor and in widening cooperation with Russia.
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