Russia Ready to Continue Concession Management of Armenian Railways Says Ovechuk

Russia is ready to continue the concession management of Armenian railways and resolve issues through consultations and calm dialogue. This was stated by Russian Deputy Prime Minister Alexei Ovechuk.

His statement follows Armenian Prime Minister Nikol Pashinyan's remark last week that the management of Armenian railways by the Armenian subsidiary of Russian Railways (RZhD) could lead to arbitration.

"We are in favor of resolving all issues through consultations and dialogue in a calm atmosphere. We are ready to continue working and to extend the concession in Armenia," Ovechuk said.

The Deputy Prime Minister also noted that, in his assessment, "Russian Railways" is currently the only professional company capable of effectively managing Armenia's railways and ensuring their development.

It is worth recalling that in 2008, Armenia entrusted its railway infrastructure to the concession management of the Russian Railways subsidiary, the South Caucasian Railway. In February of this year, Nikol Pashinyan did not rule out that another friendly country could obtain the right to manage the concession of Armenia's railways.