Yerevan, December 7. ArmInfo. The Armenian Assembly today praised the House of Representatives for the unanimous passage of a bill affirming U.S. policy in the South Caucasus by prohibiting funding for a railroad, sponsored by Turkey and Azerbaijan, which excludes Armenia from economic and regional transportation corridors.
The bill will now go to President Bush for his expected signature.
Lawmakers approved S.3938, the Export-Import Bank Reauthorization Act of 2006, which included an amendment by Senators Robert Menendez (D-NJ) and Rick Santorum (R-PA) ensuring that no Export-Import funding is used for a rail line connecting Turkey, Georgia and Azerbaijan while circumventing Armenia. Earlier, $800 million was to be allocated for implementation of the project. The provision was similar to an amendment offered in the House version by Congressman Joseph Crowley (D-NY), along with Congressmen Edward Royce (R-CA) and Brad Sherman (D-CA), which was unanimously approved by the House Financial Services Committee in July.
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