Russian ambassador to Armenia Sergey Kopyrkin, in an interview with the Public Radio of Armenia, considered the South Caucasus Railway company’s concession management agreement exceptionally favorable for the Armenian side.

According to him, Russia is ready to discuss matters related to the aforesaid company's further activities, taking into account the changes in the region and the new needs of Armenia.

"I was impressed by the analysis of the concession's activities, which was presented by the head of Russian Railways [company]. The concession agreement itself is drawn up on exceptionally favorable, perhaps even unprecedentedly favorable terms for the Armenian side," Kopyrkin said.

The Russian ambassador to Armenia noted that the Russian side is ready for further cooperation with Armenia in both the railway transport and nuclear energy sectors, taking into account the interests and needs of the Armenian side.

Also, Kopyrkin reported that a working group has been created, which shall study within three months the matters related to the aforesaid concession management, taking into account changes in regional transport and logistics processes.

Responding to a question about possible mutual concessions between Yerevan and Moscow in railway transport and nuclear energy, the Russian diplomat stated that he prefers not to use the word “bargaining.”

“I think that both sides will give a comprehensive assessment of the matters that have matured in our relations, and this is the subject of further negotiations. The most important thing is that the discussion proceeds in a constructive manner, based on mutual political will,” said the Russian ambassador to Armenia.