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Sunday, July 3, 2011

Georgia News Digest - July 2, 2011

New loan agreement for "Baku-Tbilisi-Kars" railway signed in Baku

Journal of Turkish Weekly
Azerbaijan has allocated $575 million to Georgia for 25 years at an interest rate of five percent to construct the Georgian section of the Baku-Tbilisi-Kars railway. Regardless of interest payments or commission fees worth 0.5 percent (50 basis points) ...
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