Thursday, February 8 2018 11:54
Alexandr Avanesov

Armenian parliament ratified agreement on development of multimodal transportations of TRACECA

Armenian parliament ratified agreement on development of multimodal transportations of TRACECA

ArmInfo. The National Assembly of Armenia ratified the agreement on the development of TRACECA multimodal transportations at a meeting on February 8 with a reservation.  According to the First Deputy Minister of Transport, Communication and Information Technologies of the Republic of Armenia Gagik Grigoryan, the agreement was signed on June 16, 2009 during the 7th meeting of the Intergovernmental Commission of TRACECA in Cholpon-Ata.

The document was signed by Armenia (with reservation), Azerbaijan (with reservation), Kazakhstan, Tajikistan,Georgia and Kyrgyzstan, being a continuation of the agreement signed in September 18, 1998 in Baku on the creation of the transport corridor Europe-Caucasus-Asia. The agreement regulates the relations between transport organizations, multimodal transport operators, consignors, consignees, other individuals and legal entities acting on behalf of the cargo owner, while performing multimodal transport of goods, determines the rights, duties and responsibilities of each transport participant.

The agreement is applied in the field of multimodal transportation of goods between the member states and transit through the territories of countries carried out by carriers registered in the territory of the state of one of the parties with points of departure or destination located on the territories of the states of the parties using all modes of transport. With a view to creating a unified legal framework for the development of multimodal transport, the parties will seek to harmonize legislation through the use of definitions and based on the concepts contained in this document.

The right to carry out multimodal transportations is given to the operator - to an individual or legal entity that concludes a multimodal transportation contract and assumes full responsibility for its execution by issuing a multimodal transfer or non-transfer document that organizes multimodal transportation on its own behalf.

POST A COMMENT
Input digits     


News
By the end of 2025, Armenia`s public debt to increase by nearly 900  billion drams- Minister of FinanceBy the end of 2025, Armenia`s public debt to increase by nearly 900  billion drams- Minister of Finance
Armenia plans to secure $1.3 billion for the southern section of the  North-South construction`s program.Armenia plans to secure $1.3 billion for the southern section of the  North-South construction`s program.
GDP growth in Armenia in 2025 expected to be in line with potential:  Central Bank HeadGDP growth in Armenia in 2025 expected to be in line with potential:  Central Bank Head
Go Digital or Go Home: Sergey ArakelyanGo Digital or Go Home: Sergey Arakelyan
Ardshinbank Recognized as Leader in Armenia’s Secondary Corporate Bond MarketArdshinbank Recognized as Leader in Armenia’s Secondary Corporate Bond Market
Threshold for bad accounts receivable to be raised in Armenia Threshold for bad accounts receivable to be raised in Armenia 
Yes to cashless! - cruises and gifts for AraratBank MC cardholdersYes to cashless! - cruises and gifts for AraratBank MC cardholders
Priorities of Armenian-Iranian cooperation discussed in Yerevan Priorities of Armenian-Iranian cooperation discussed in Yerevan 
Armenia participating in 7th International Import ExpoArmenia participating in 7th International Import Expo
Gevorg Papoyan: $250 million needed to launch Amulsar mineGevorg Papoyan: $250 million needed to launch Amulsar mine
Security Council Chief of Armenia highlighted the importance of  enhancing bilateral economic relations in a meeting with Iranian  expertsSecurity Council Chief of Armenia highlighted the importance of  enhancing bilateral economic relations in a meeting with Iranian  experts
AraratBank: Five-Time Winner at AMX Awards 2024AraratBank: Five-Time Winner at AMX Awards 2024
Most Armenian respondents opposed closure of Metsamor NPPMost Armenian respondents opposed closure of Metsamor NPP
Economy Minister clarifies factors leading to decreased exports to  EUEconomy Minister clarifies factors leading to decreased exports to  EU
EU program to rebrand Armenian cognac to begin in second half of  NovemberEU program to rebrand Armenian cognac to begin in second half of  November
.Armenia plans to attract 2 grants from EU for construction of  North-South road section.Armenia plans to attract 2 grants from EU for construction of  North-South road section
Legal issues of transfer of Armenian government`s shares to Masdar  discussed Legal issues of transfer of Armenian government`s shares to Masdar  discussed 
EU could provide EUR 235mln to Armenia for resilience improvement  programme EU could provide EUR 235mln to Armenia for resilience improvement  programme 
Head of Armenian NA committee reports information Head of Armenian NA committee reports information "to consider"
Armenia, Turkey ministers discuss potential usage of idle  infrastructures - SanosyanArmenia, Turkey ministers discuss potential usage of idle  infrastructures - Sanosyan
Minister:  In 2024, Iran to supply Armenia with significantly higher  amount of natural gas compared to previous yearsMinister:  In 2024, Iran to supply Armenia with significantly higher  amount of natural gas compared to previous years
The state should establish strict rules for its relations with  investors, rather than engaging in promiscuous partnerships with them  - Artur AshugyanThe state should establish strict rules for its relations with  investors, rather than engaging in promiscuous partnerships with them  - Artur Ashugyan
AraratBank Initiates a Panel Discussion on AI and LeadershipAraratBank Initiates a Panel Discussion on AI and Leadership
Tourism sector financing to be reduced in 2025Tourism sector financing to be reduced in 2025
Fast Shift has joined Idram`s open QR infrastructureFast Shift has joined Idram`s open QR infrastructure
All tax administration in Armenia is primarily focused on large  businesses - State Revenue Committee Head All tax administration in Armenia is primarily focused on large  businesses - State Revenue Committee Head 
No problems in ensuring tax revenues - official No problems in ensuring tax revenues - official 
Share of taxes in Armenia`s GDP to be brought up to 25% next year -  official Share of taxes in Armenia`s GDP to be brought up to 25% next year -  official 
Armenian CB to continue reducing refinancing rate - EDBArmenian CB to continue reducing refinancing rate - EDB
ADB to provide Armenia with a loan of 89.5 million euros as part of  budget assistance frameworkADB to provide Armenia with a loan of 89.5 million euros as part of  budget assistance framework
The sale of HSBC Bank Armenia to Ardshinbank to be completed on  November 29, 2024The sale of HSBC Bank Armenia to Ardshinbank to be completed on  November 29, 2024
Armenian companies can enter Warsaw Stock Exchange with IPO through  cross- or dual listing Armenian companies can enter Warsaw Stock Exchange with IPO through  cross- or dual listing 
New and modern. Arabkir branch of IDBank reopenedNew and modern. Arabkir branch of IDBank reopened
Armenia`s Universal health insurance implementation postponed with no  set timelineArmenia`s Universal health insurance implementation postponed with no  set timeline
"Irrigated Agriculture Development in Ararat and Armavir Provinces"  to open new page for Armenia`s agricultural sector
2025 budget message: Higher GDP growth potential in Armenia 2025 budget message: Higher GDP growth potential in Armenia 
Armenia s gross international reserves 14.2% down as of Oct 2024Armenia s gross international reserves 14.2% down as of Oct 2024
Armenian AMX joins Tabadul project by Abu Dhabi ADXArmenian AMX joins Tabadul project by Abu Dhabi ADX
Armenian Airlines launches Yerevan-Batumi-Yerevan flight Armenian Airlines launches Yerevan-Batumi-Yerevan flight 
Converse Bank starts initial placement of the next AMD, USD bonds in  amount of AMD 5 billion, $5 millionConverse Bank starts initial placement of the next AMD, USD bonds in  amount of AMD 5 billion, $5 million
Armenia s tax revenues AMD 1,827.7bln as of Oct 20, 2024Armenia s tax revenues AMD 1,827.7bln as of Oct 20, 2024
Armenia, Kyrgyzstan discuss development of transport cooperationArmenia, Kyrgyzstan discuss development of transport cooperation
Armenia`s government to allocate AMD 2.9bln under regional subvention  programmes approved and implemented in 2014-2022Armenia`s government to allocate AMD 2.9bln under regional subvention  programmes approved and implemented in 2014-2022
Economy Minister: Rallies and marches in Yerevan  in 2024 cause a  decrease in Russian tourist arrivalsEconomy Minister: Rallies and marches in Yerevan  in 2024 cause a  decrease in Russian tourist arrivals
AMX 2024 awards most active market participantsAMX 2024 awards most active market participants
Learn to save. World Savings Day with Idram JuniorLearn to save. World Savings Day with Idram Junior
The price of the issue: how much will MMR construction cost ArmeniaThe price of the issue: how much will MMR construction cost Armenia
Martin Galstyan: Reduction of refinancing rate from 9.75% to 7.25%  kept loan rates from rising significantlyMartin Galstyan: Reduction of refinancing rate from 9.75% to 7.25%  kept loan rates from rising significantly
Armenia`s Deputy Minister of Finance presents country`s economic  development strategies at t the annual meetings of IMF, WB Board of  Governors Armenia`s Deputy Minister of Finance presents country`s economic  development strategies at t the annual meetings of IMF, WB Board of  Governors 
Armenia`s CB reduces refinancing rate - 7.5% down to 7.25%Armenia`s CB reduces refinancing rate - 7.5% down to 7.25%
Armenia to develop business tourismArmenia to develop business tourism
Central Bank of Armenia considers it necessary to enhance  effectiveness of government capital expenditures and refine tax  policiesCentral Bank of Armenia considers it necessary to enhance  effectiveness of government capital expenditures and refine tax  policies
Zangezur Copper and Molybdenum Plant- top taxpayer in ArmeniaZangezur Copper and Molybdenum Plant- top taxpayer in Armenia
Minister: Armenia`s planned 5.6% GDP growth for 2025 is a very high  figureMinister: Armenia`s planned 5.6% GDP growth for 2025 is a very high  figure
Gold re-export contributed to Armenia`s economic activity this  Jan-Aug - ministerGold re-export contributed to Armenia`s economic activity this  Jan-Aug - minister
Armenia`s government plans EUR 500mln Eurobond issue Armenia`s government plans EUR 500mln Eurobond issue 
Stregthening resilience and increasing economic potential one of  major tasks of Armenia`s government next year - minister Stregthening resilience and increasing economic potential one of  major tasks of Armenia`s government next year - minister 
No effort must be spared for Armenian citizens to grow rich by  working under law - premier No effort must be spared for Armenian citizens to grow rich by  working under law - premier 
Consensus on medical insurance intriduction stages reached - ministerConsensus on medical insurance intriduction stages reached - minister
Customs duties for Armenian exporters to be reduced after agreement  with Iran ratified Customs duties for Armenian exporters to be reduced after agreement  with Iran ratified 
Read more
Exchange rates
06.11.2024
RUB3.94-0.03
USD387.360.12
EUR416.10-5.80
GBP499.15-3.53
CAD278.82-0.09
JPY25.15-0.28
CNY54.03-0.49
CHF442.39-6.90