Translation. Region: Russian Federal
Source: People’s Republic of China in Russian – People’s Republic of China in Russian –
Source: People’s Republic of China – State Council News
Yerevan, May 8 (Xinhua) — The Armenian government approved a bill at a meeting on Thursday on the country’s accession to the Ashgabat Agreement on the establishment of an international transport and transit corridor between Iran, Oman, Qatar, Turkmenistan and Uzbekistan.
The rationale for the decision states that Armenia’s accession to the Ashgabat Agreement will create new opportunities for integration into the transport corridor between the Central Asian countries, the ports of the Persian Gulf and the Sea of Oman. This step will contribute to the creation of reliable conditions for the transportation and transit of goods and passengers through the territories of the above-mentioned states, facilitating multimodal transportation, optimizing transportation costs, strengthening Armenia’s transit role and increasing transportation safety.
It is noted that the agreement will ensure Armenia’s access to international markets, harmonization of transit documents required for international transportation, simplification of customs procedures and unimpeded use of the transport infrastructure of the respective countries.
In addition, the agreement will promote the development of mutually beneficial economic and business ties and the expansion of cooperation.
The Armenian government will send the draft law to the Constitutional Court for review and, after receiving a positive response, will submit it to the National Assembly /parliament/ for ratification. –0–