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Azerbaijani deputy transport minister: US decision will not affect Kars-Akhalkalaki-Tbilisi-Baku project

 

“The bill adopted in the USA on banning financing the construction of the Kars-Akhalkalaki-Tbilisi-Baku railway will not affect implementation of the project. Niether Azerbaijan, nor Georgia or Turkey appealed US banks for loans,” Azerbaijani Deputy Transport Minister Musa Panakhov is quoted as saying by APA.

According to him, Azerbaijan and Turkey are capable of financing the project at their own expenses. The deputy minister stressed that the bill, which was elaborated with participation of the Armenian Diaspora and pro-Armenian congressmen will not bear the expected result. According to him, by such claims the Armenians do nothing but isolate themselves from regional projects. “Azerbaijan will allocate $150 million for construction of the railway line in the Georgian territory. The money will be given to Georgia in a form of a long-term loan for 20-25 years,” Panakhov said., noting that preparations for implementing the project would finish in January.

As REGNUM informed earlier, US congressmen, co-chairs of the Congressional Caucus on Armenian Issues Frank Pallone and Joe Knollenberg announced that US policy in South Caucasus is aimed at promoting regional cooperation and normalization of relations instead of isolation. Earlier, the US president George Bush approved a bill banning state financing of the construction of the Kars-Akhalkalaki-Tbilisi-Baku railroad. Before that, the bill was passed by the House of Representatives, and then by the Senate. The congressmen called upon Turkey “to revise the policy of alienating Armenia, put an end to the 13-year-old blockade and take actions directed at cooperation with its neighbors.” 

http://www.regnum.ru/english/761525.html

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