Armenian, Georgian premiers discuss project of Yerevan-Batumi highway construction

|

USD

384.03

EUR

443.29

RUB

4.795

GEL

142.29

Economy

10.12.2008, 01:21

The Armenian and Georgian Premiers discussed a project of constructing a Yerevan-Batumi highway.

TBILISI, December 9. /ARKA/. The Armenian and Georgian Premiers discussed a project of constructing a Yerevan-Batumi highway.

According to ARKA News Agency, Armenian Premier Tigran Sargsyan stated at a joint briefing the question has been discussed at the sitting of the intergovernmental commission.

Sargsyan noted Asian Development Bank is developing a regional project with one of its components being the construction of the highway and the Armenian Government is assisting to that.

“We think ADB financed project will be implemented and the highway will be constructed,” said Sargsyan.
Georgian Premier Grigol Mgaloblishvili stated the financial issues if the project are being discussed.
According to the Armenian side Yerevan-Batumi highway can be opened in two years.

The highway will reduce the road from Yerevan to the Black Sea by 30%. Currently the Yerevan-Batumi distance is 700km and it will be reduced to 450km by the new highway. –0--

Papoyan: American companies will arrive in Armenia as part of the Trump Route project

Representatives from several US-based companies are expected to arrive in Armenia in the near future, Minister of Economy Gevorg Papoyan said.

13.08.2025 11:51

Twenty-one Armenian flower suppliers received permission to export their products to Russia

Twenty-one out of the forty-seven Armenian companies engaged in flower cultivation and export, which were inspected by the Armenian regulator and Russian agricultural watchdog Rosselkhoznadzor, received permission to export their products to Russia.

12.08.2025 13:04

EDB identifies factors that could force regulator to keep refinancing rate unchanged

The Eurasian Development Bank (EDB) identified factors that increase the likelihood of maintaining the refinancing rate in Armenia for a longer period than expected.

11.08.2025 16:03

Under Washington Declaration Armenia is getting unblocked, says Mirzoyan

Under the agreements achieved with the Washington declaration, Armenia is getting unblocked, something Armenia has strived for for thirty-five years, Armenian Foreign Minister Ararat Mirzoyan said in an interview with Armenpress news agency.

11.08.2025 10:06

Pashinyan says the document signed in Washington will reopen railway communication with Russia

The document signed in the US will reopen the railway link between Armenia and Russia, which has been closed for 30 years," said Armenian Prime Minister Nikol Pashinyan, following his talks in Washington with the leaders of the US and Azerbaijan.

09.08.2025 10:19

Cargo transportation in Armenia in H1 is up 1.9%, while passenger transportation drops by 24.3%

The total cargo transportation in Armenia from January to June of 2025 amounted to over 7.5 million tons, which is a 1.9% increase compared to the same period in 2024.

08.08.2025 17:07

Armenia's service sector grows by 9.8% in six months, reaching AMD 1.8 trillion

According to the National Statistical Committee, the volume of Armenia's services sector from January to June of 2025 was over 1.8 trillion drams at current prices, which is a 9.8% increase compared to the first six months of 2024.

08.08.2025 16:34

Domestic trade turnover in Armenia in first half of year amounted to 2.9 trillion drams, an increase of 3.9%

Domestic trade turnover in Armenia in January-June 2025 amounted to 2,953,471.8 million drams (in current prices), an increase of 3.9% compared to January-June 2024. This was reported by the National Statistical Committee of the Republic.

08.08.2025 15:38