YEREVAN, FEBRUARY 20, ARMENPRESS: The Turkish-Armenian Business
Development Council (TABDC) has called for re-opening of the Kars-Yerevan
railway connection, as well as the rehabilitation of the Kars-Gyumri
and Igdir-Yerevan highways. A press release by TABDC says the moves
will reinforce the transit routes running East-West and will improve
the availability, predictability and reliability of shipping services
for all Caucasus countries.
Distorted trade flows and disrupted transportation routes continue
to hinder the development potential of Turkey, Azerbaijan, and Armenia,
it goes on to say.
“Effective utilization of the existing rail infrastructure could
quickly transform Armenia and Turkey into a regional business hub.
Moreover, increased flows of goods and people between these countries
will lay the foundation for economic prosperity, which in turn will
aid the search for a peaceful and definitive solution to the
Nagorno-Karabagh conflict,” it says.