YEREVAN, January 25. / ARKA /. The South Caucasus Railways (SCR), a Russian-run company operating Armenia’s railroads, said it did not plan to raise the cost of international tickets. Speaking to reporters, Gagik Minasian, head of the Passenger Transportation Directorate, said in early February representatives of Armenian and Georgian railways will meet to discuss the prices, but no revision of cost of tickets for traveling from Armenia to Georgia by train is planned.
He added, however, that the cost of tickets for international passenger traffic usually depends on the exchange rate of the Swiss franc - the cost of tickets in all countries are calculated based on Swiss Frank’s rates. He also said from January 1 on work days the cost of tickets within Armenia is 15-20% lower than the weekend prices.
South Caucasus Railways is a 100% subsidiary of state-run Russian Railways that was awarded a concesional management of SCR. The 30 year contract was signed in 2008. It can be prolonged for another 10 years. ($1 – 406,84 drams). -0-