Armenia has the leverage to terminate the railway concession management agreement with Russia, but Yerevan does not plan and does not want to go along that route, Armenian Prime Minister Nikol Pashinyan announced at a press briefing Thursday.

Pashinyan said that he had discussed the matter in detail in Russia, and these discussions will continue. In his assessment, under the current conditions, Armenia is losing its competitive advantages (amid the signing of the TRIPP project agreement - ed.).

“Our problem is worded in just one sentence: the Republic of Armenia is losing its potential competitive advantages under these conditions,” Pashinyan added.

He assured that not only does Armenia have no problems with Russia, but Yerevan also highly values friendly relations with Moscow and does not want to harm its interests.

“But, on the other hand, the current situation does not allow us [i.e. Armenia] to use our competitive advantages. We need to think together about finding solutions," added Nikol Pashinyan.