An agreement has been reached between 18 countries to move forward on a long-sought plan to connect railways between Singapore and Turkey, creating a vast network expected to boost the economies of currently remote areas.
"The Trans-Asian Railway Network, first conceived by the United Nations in 1960, came a step closer Friday with the signing of an agreement to implement what has been dubbed the 'Iron Silk Road'."
"The network, which comprises 81,000 kilometers (50,000 miles) of track through 28 countries, is already a reality in part and follows through on a similar U.N.-sponsored road program."
"Landlocked Armenia, which currently has only one operational outside rail connection to a seaport in Georgia, hopes greater access will reduce the cost of moving goods overland."
FULL STORY: ARMENIA ACCEDES TO “IRON SILK ROAD” AGREEMENT
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