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Azerbaijani Parliament Approve Agreement on Railway Project

Business Materials 10 April 2007 14:16 (UTC +04:00)
Azerbaijani Parliament Approve Agreement on Railway Project

Azerbaijan, Baku/ Trend , corr . I. Alizadeh/ Today 10 April, the Milli Majlis ( Azerbaijan's Parliament) has approved the agreement on the road building of the railway Baku-Tbilisi-Kars, which was signed amongst Azerbaijan, Georgia and Turkey on 7 February.

Valekh Alasgarov, the Vice-Speaker of the Azerbaijani Parliament, said that the agreement reflected all the parties' interest in the project. Alasgarov said that in accordance with the terms of the agreement, should there be any disputes or arguments between the parties, the issue must be solved sensibly. "This is an intergovernmental agreement, and all issues should be agreed amongst the Governments of the three countries," he said.

The agreement states that the parties are to arrange transit loading carriages via the territory within their respective countries as long as it does not contradict with the national interest of the corresponding states, and does not cause security problems within that country. Corresponding offices are found in Azerbaijan, Georgia, and Turkey, which are to co-ordinate the implementation of the project.

The Turkish company, Yuksel Domanik is expected to complete a feasibility study on the project on the reconstruction of the Georgian section of the railway Baku-Tbilisi-Kars by the end of May, 2007.

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