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Regional Cooperation Cannot Be Effective with Neighboring Countries Isolated

01.08.2008, 22:50
The regional cooperation cannot be effective if one or two countries of the region are removed from the participation in the projects, Armenian Foreign Minister Edward Nalbandyan.
YEREVAN, August 1. /ARKA/. The regional cooperation cannot be effective if one or two countries of the region are removed from the participation in the projects, Armenian Foreign Minister Edward Nalbandyan.

The cooperation can be full, effective and promising if all the countries of the region are embraced, the Minister told a press conference in answering the question on construction of Kars-Akhalkalaki-Tbilisi-Baku railroad bypassing Armenia.

Baku-Tbilisi-Kars railroad project provides for construction of a 105-kilometer Kars (Turkey)-Akhalkalaki (Georgia) railroad and reconstruction of Akhalkalaki-Tbilisi railroad. The project cost is $422mln and $600mln infrastructures inclusive. Azerbaijan is to extend a $200mln loan for construction of the Georgian section of the railroad for 25 years at an annual of 1%.. –0--