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Georgia-Armenian Agreement to Focus on Traffic

Armenia Materials 25 April 2006 18:13 (UTC +04:00)

A new Geo-Armenian agreement on traffic communications will be inked April 25.

The Armenian delegation led by the Minister of Transportation Andranik Manukian arrives in Tbilisi Tuesday morning.

The Ministry of Economic Development of Georgia reported to InterpressNews that the new project is meant to increase the rate of cargo transportation between the two republics and strengthen the tendencies of economic cooperation. Irakli Chogovadze, Minister of Economic Development of Georgia and the Minister of Transportation of Armenia, Andranik Manukian will sign the draft agreement.

According to the new agreement the permission quotas set for cargo transportation will be lifted and the taxes for the Road Fund of Armenia will be abolished. This will make the transportation process much more convenient not only for truck owners but also for the owners of passenger vehicles.

The Road Fund Taxes have been abolished in Georgia since year 2005.

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