Bank Of Baku

Azerbaijan Railways and RosAgroTrans sign memorandum of cooperation

Azerbaijan Railways and RosAgroTrans sign memorandum of cooperation
# 12 October 2010 12:25 (UTC +04:00)
Baku. Nijat Mustafayev – APA-Economics. Azerbaijan Railways and Russian RosAgroTrans signed a memorandum of cooperation and partnership in the sphere of grain cargos.

The memorandum was signed by Chairman of Azerbaijan Railways Arif Asgerov and RosAgroTrans’s chairman Konstantin Zasov.

According to document Russia will transport 1.5 mln tons of grain to Azerbaijan in a year. At the same time RosAgroTrans will allocate 1.5 bln rubles in 2010, 2 bln rubles in 2011 for renewing of rolling stock.

The document does not mean RopsAgroTrans to invest capital in Azerbaijan, K. Zasov stressed.
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THE OPERATION IS BEING PERFORMED