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Armenia eyes restored railroad with Turkey: THIS WEEK IN BUSINESS

  • Passenger traffic at Armenia’s main airport grew 12.7% from April through June year-over-year, while cargo volume declined 3.4% during that period, according to operator Corporación América Airports.

  • TRIPP, a major regional trade route planned for the South Caucasus with U.S. backing, could also include the construction of new pipelines, power lines, and fiber-optic cables, said Narek Mkrtchyan, Armenia’s ambassador to the United States.

  • Armenia issued an international tender for bidders to submit designs for restoring a roughly 13-mile section of the country’s railroad to connect Gyumri and the border with Turkey, said Infrastructure Minister Davit Khudatyan.

  • Armenia’s obstacles and strategies in the face of Russian import bans.

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