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Azerbaijani transport ministry: Baku-Tbilisi-Kars project is of great stategic importance to region and beyond

Business Materials 23 December 2012 15:03 (UTC +04:00)
Azerbaijani Transport Ministry has made a statement regarding the doubts of effectiveness of the "Kars-Akhalkalaki" railway for Georgia, which were noted by the prime minister of Georgia Bidzina Ivanishvili to the "Rezonansi" newspaper.
Azerbaijani transport ministry: Baku-Tbilisi-Kars project is of great stategic importance to region and beyond

Azerbaijan, Baku, Dec. 23 / Trend /

Azerbaijani Transport Ministry has made a statement regarding the doubts of effectiveness of the "Kars-Akhalkalaki" railway for Georgia, which were noted by the prime minister of Georgia Bidzina Ivanishvili to the "Rezonansi" newspaper.

"Without any doubt, Baku-Tbilisi-Kars is a railway project of regional and global scale. The Kars-Akhalkalaki railway is one of the segments of this project," head of Azerbaijani Transport Ministry's press service, Namig Hasanov told told Trend on Sunday.

Hasanov said that the legal basis for this project is a tripartite statements by heads of states and an agreement between the governments of Azerbaijan, Georgia and Turkey.

"According to the current statement, the sides (Azerbaijan, Georgia, Turkey) took upon themselves the duties of this project's implementation. As it's known, on the basis of this agreement, Azerbaijani government provided a $775 million soft loan for the implementation of the Georgian part of the project," Hasanov noted.

He added, that most regional states, countries of Central Asia and Europe expressed great interest in the project and supported its implementation.

Hasanov underscored that Azerbaijan is confident this project being of colossal strategic and economic importance to the development of the region and beyond.

"It should be noted that after implementation, this project will become a part of the regional security system," Hasanov said.

He noted that Azerbaijan has always carried out its obligations under the international agreements, and expects the same approach from its partners within these agreements.

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