Russia’s Zvyagintsev wins Jury Prize at 70th Cannes Film Festival with his LovelessSociety & Culture May 28, 21:32
Three Russian tourists hurt is road accident with tourist minibus in TurkeySociety & Culture May 28, 18:58
Some 40,000 cyclists taking part in Moscow cycle paradeSociety & Culture May 28, 18:33
Corporation Irkut: MS-21 first flight performed in routine modeBusiness & Economy May 28, 16:54
Ukrainian military launch more than 180 shells, mines on Donetsk within one dayWorld May 28, 16:36
Minister: Russia may supply 1,000 MC-21 planes to 2037Business & Economy May 28, 14:42
Lavrov: China, ASEAN interested in organization of Eurasian partnershipRussian Politics & Diplomacy May 28, 11:45
MC-21 airliner makes first test flight - sourceBusiness & Economy May 28, 11:00
Putin congratulates Border Guards on their professional holidayMilitary & Defense May 28, 10:57
YEREVAN, June 18. /ITAR-TASS/. Armenia is set to continue improving the country’s railway infrastructure and also implementing mutually beneficial joint projects in close cooperation with Russia’s major state-run railways corporation RZD, Armenia’s President Serzh Sargsyan said accepting RZD President Vladimir Yakunin on Wednesday.
The two men underlined a high level of relations between Russia and Azerbaijan.
“One of the basic parts of the strategic and allied partnership between Russia and Armenia is cooperation in the transport sphere,” the presidential press service said citing Sargsyan and Yakunin.
The current condition of and prospects for development of the South-Caucasian Railways were in the limelight of the talks. Yakunin told the Armenian president about ex-post investments and current maintenance work on the railroad.
Armenia’s railways were transferred into RZD’s concession management for a term of 30 years with the right to extend the term for another ten years, in line with the treaty signed on February 13, 2008.
Russia's RZD has set up the subsidiary named the South-Caucasian Railways and Vladimir Yakunin heads the board of directors.
In recent years the fleet of locomotives and cars, the infrastructure of train stations and tracks have been modernised, traffic safety has increased and social guarantees of railway employees have been ensured.