RZD intends to adhere to the railway concession conditions with…
RZD intends to adhere to the railway concession conditions with Armenia; if conditions change or the concession is terminated, they reserve the right to expect a return on investments, according to Belozеров to TASS.
Consensus
- RZD intends to continue fulfilling the terms of the railway concession agreement with Armenia.
- If the agreement is changed or terminated by Armenia's initiative, RZD expects a return of its invested funds.
- The concession agreement was signed in 2008 and involves the Armenian government as a party.
- RZD has fully and consistently fulfilled all obligations under the agreement.
- Armenia has received modern railway infrastructure without needing to finance its restoration or maintenance from the budget.
Points of divergence
- All profits from the concession have been directed toward rail development, and dividends to shareholders have never been paid. — vesti
- Armenia plans to restore railways leading to borders with Turkey and Azerbaijan without seeking help from Russia. — vesti
Coverage (3 sources)
- RZD expects return of investments upon concession change in Armenia — Вести
- ❗️RZD intends to adhere to the railway concession conditions with Armenia, and upon change of conditions or termination may expect return of... — ТАСС (Telegram)
- ❗️RZD sequentially and in full volume fulfills undertakings taken on itself within the concession in Armenia, reported Bel... — ТАСС (Telegram)