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Strategic Pivot
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Recent statements by Armenian Prime Minister Nikol Pashinyan have arguably been the most candid since discussions about the country’s railway sector began. For the first time at such a high level, the idea was voiced that concession rights to manage Armenia’s railway network could potentially be transferred to a third party friendly to both Yerevan and Moscow. In essence, this concerns the future of South Caucasus Railway, a subsidiary of Russian Railways (RZD), which manages Armenia’s entire railway system under a concession agreement valid until 2038.18 Feb 2026-10:31
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