Armenia believes that the restoration of railway infrastructure towards Turkey should be evaluated from the perspective of transit potential, security issues, and the overall economic effect for the country. This was stated by Armenian Deputy Minister of Finance Avag Avanesyan.

Commenting on the differences in approaches to the possible participation of external partners in the project, he noted that the negotiation process is ongoing, and final decisions are formed based on subsequent financial and economic calculations.

According to the Deputy Minister, at the initial stage, any party can express interest in participation, but detailed assessments of the effectiveness and feasibility of infrastructure projects play a key role thereafter.

He emphasized that for the state, not only direct income is important, but also a broader effect from infrastructure development. This refers to transit flows, increased economic activity, and strengthening the overall resilience of the economy.

It is also noted that the possible unblocking of international communications is considered a factor that can significantly increase Armenia's economic potential.

Сейчас на главной

Armenian educational centers TUMO and ArMath may appear in Kyrgyzstan

Armenian educational centers TUMO and ArMath may appear in Kyrgyzstan

Yerevan and Bishkek will also expand cooperation in AI and digital technologies

Armenia implements CATL battery-based energy storage systems

Armenia implements CATL battery-based energy storage systems

Auto Gallery expects to provide services for their maintenance, extension of service life, and subsequent disposal

Profal to invest $10 million in production in Armenia

Profal to invest $10 million in production in Armenia

The company will create 100 jobs and expects to increase exports

An analytical center for the mining industry will be created in Armenia

An analytical center for the mining industry will be created in Armenia

The new platform will unite the state, business, and industry experts

Amulsar mine to bring Armenia up to $130 million in taxes per year

Amulsar mine to bring Armenia up to $130 million in taxes per year

Gold mining can provide up to 2% of the country's GDP and significantly increase exports

Armenia to subsidize the purchase of energy storage systems for solar power plants

Armenia to subsidize the purchase of energy storage systems for solar power plants

The state will compensate part of the interest rates on loans and leases for up to seven years

Pashinyan proposed linking transport projects of Armenia and Kyrgyzstan

Pashinyan proposed linking transport projects of Armenia and Kyrgyzstan

TRIPP could open new opportunities for regional trade routes

Armenia to digitalize control over the mining industry

Armenia to digitalize control over the mining industry

The new system will allow online tracking of violations and risk assessment

Armenia's mining industry plans to use electric trucks

Armenia's mining industry plans to use electric trucks

Auto Gallery intends to evaluate the performance and economic efficiency of new solutions

Armenia and Kyrgyzstan to expand cooperation in economy and technology

Armenia and Kyrgyzstan to expand cooperation in economy and technology

The parties also agreed to develop transport links and signed a number of agreements

New TUMO platform for teenagers to open in Gyumri

New TUMO platform for teenagers to open in Gyumri

The educational project will cover the Mush district

AI camera installed in Armenia to protect wildlife

AI camera installed in Armenia to protect wildlife

The system continuously detects fires and poachers