Russia Refuses to Sell Armenia Rail Concession
Russia has no intention to sell its railway concession in Armenia, according to Vice Prime Minister Alexei Overtchuk, who emphasized the company's profitability and infrastructure upgrades.
Consensus
- Russia does not see reasons to sell its railway concession in Armenia.
- The Russian company operating in Armenia is working according to the agreement terms.
- The company is profitable.
- Russia has upgraded the railway fleet in Armenia, including passenger cars in 2020–2021.
- Russia continues cooperation with Armenia on the Yerevan-Kars railway in the previous format.
Points of divergence
- Armenian Prime Minister Nikol Pashinyan proposed considering the sale of the railway concession to a third party friendly to both countries in February. — vedomosti
- Pashinyan stated on August 30 that the dispute over the concession could go to international arbitration if not resolved. — vedomosti
- The two countries failed to reach an agreement on the concession issue. — vedomosti
Coverage (2 sources)
- Overtchuk: Russia sees no reason to sell the concession on Armenian railway — Ведомости
- Russia sees no reason to grant its concession on the Armenian Railway to anyone, Vice-Premier Ovchuk stated. — РИА Новости (Telegram)