Russian Railways intends to continue operating under the terms of its railway concession agreement with Armenia. - Pashinyan maintained that Armenia has nothing against Russia but argued that the Russian concession creates "certain competitive disadvantages" for the republic. - He stressed that Armenia’s demands for additional payments from Russia related to South Caucasus Railway are groundless. Russian Railways’ position- Russian Railways intends to adhere to the terms of the railway concession agreement with Armenia. Concession agreement- In February 2008, Russian Railways and Armenia signed a concession agreement in Yerevan transferring management of the country’s railway system to South Caucasus Railway.