ARMENIA INTENDS TO JOIN “NORTH-SOUTH” TRANSPORT CORRIDOR CREATION

The issue of Armenian membership in the creation of the “North-South” International transport corridor was discussed at the Saint Petersburg meeting of the transport ministers of Armenia, Russia, Iran and India. This corridor, that is to join Europe-Asia transport communications, will be an alternative to TRASECA project to some extent. Besides Armenia, Azerbaijan, Belarus, Kazakhstan and Bulgaria are interested in the participation in the “North-South” project realization. If Armenia joins the project, it will become a transitional area and this might be rather profitable.