On October 14, during a working visit to Yerevan, General Director of "Russian Railways" OJSC, Chairman of the Board Oleg Belozyorov met with Armenian Prime Minister Nikol Pashinyan. The topic of discussion was the implementation of the concession for the management of railways in Armenia, the press service of the Russian company reports. During the meeting, Oleg Belozyorov presented the results of the activities of "South Caucasian Railway" CJSC, a subsidiary company of "REU" OJSC, which ensures the implementation of the concession contract, and through the Prime Minister assured the Government of Armenia. Disperse the company's commitment to all the obligations assumed. "The task of the railways is to provide the economy of our countries with transport communication. The concession allowed to preserve and develop the railway infrastructure of Armenia, without placing the costs of restoration and maintenance on the budget of the republic. All profits were directed to the development of the railway. During the concession, the total volume of investments from the resources of "REU" OJSC and the revenues of "South Caucasian Railway" amounted to 146 billion Armenian drams or about 400 million dollars. We are open to a dialogue with the Armenian government and a joint assessment of the effectiveness of the concession agreement. On our side, we intend to firmly adhere to all the commitments we have made," Oleg Belozyorov said. The concession agreement on the management of the railways of Armenia was signed in 2008 for a period of 30 years (with the right of extension). Today, "SCR" CJSC is one of the largest taxpayers, which has a significant contribution to the formation of the republic's budget. It is also one of the most significant and largest employers in the country. "Armenia's railways are an integral part of the 1520 mm wide railways that operate in the entire post-Soviet territory. In cooperation with Armenian partners, the Russian side is ready to provide the necessary cargo flows and create conditions for the increase in the number of transported passengers," said the head of "REE" OJSC. He added that "South Caucasus Railway" is constantly updating the infrastructure and passenger vehicles for this purpose. In 2021, 27 new wagons manufactured by "Transmashholding" JSC were delivered, as well as in a few years 4 new EP2D electric trains were delivered. As a result of the meeting, the parties agreed to create a joint working group to assess the possibilities of transit communications using the railway network of Armenia.