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Tbilisi hosts meeting over Baku-Tbilisi-Kars railway project

16 April 2013 17:23 (UTC+04:00)
Tbilisi hosts meeting over   Baku-Tbilisi-Kars railway project

The first meeting of the joint Georgian-Turkish commission to promote the construction of a railway tunnel on the new Baku-Tbilisi-Kars railway line was held in Tbilisi on Tuesday.

From the Georgian side, the meeting was attended by representatives of the Ministry of Economy, Ministry of Internal Affairs, the Tax Service, Marabda-Kartsakhi LLC and the Georgian Railway and from the Turkish side- representatives of the Transport Maritime Affairs and Communications Ministry, Customs and Trade the Ministry and the Ardahan district's authorities.

The meeting noted that construction of the Baku-Tbilisi-Kars railway project is entering a new phase with the tunnel that will connect Georgia and Turkey.

The BTK railway project aims to link directly the railway systems of Azerbaijan, Georgia and Turkey to transport large amounts of cargo and passengers.

The Baku-Tbilisi-Kars railway is being built in accordance with an inter-governmental agreement reached by Azerbaijan, Georgia and Turkey. The railway will increase the flow of containers and other types of cargo from Asia to Europe. Its throughput capacity will peak at 17 million tons of cargo per year. Initially, the capacity will be 6.5 million tons of consignments and 1 million passengers.

Azerbaijan has allocated a loan worth $775 million for the construction of the Georgian section of the railway. Funding for the project from the State Oil Fund is carried out in accord with the 2007 presidential decree on taking measures within the Baku-Tbilisi-Kars project.

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