  Armenia working to speed up Russian ammo acquisition: Defense Minister May 23, 2016 - 20:35 AMT PanARMENIAN.Net - The Armenian side is working to conclude the process of acquiring some $200 million-worth weapons from Russia in the framework of a corresponding credit agreement, the Defense Ministry said Monday, May 23, Panorama.am reports. "Some of the contracts have already been signed," Seyran Ohanyan said. "We'll do our best to have them in Armenia as soon as possible." At a July 2, 2015 extraordinary session, Armenian National Assembly ratified the agreement on the provision of a $200 million concessional export loan by Russia to Armenia. The loan will be used to widen considerably the range of modern weapons of the Armenian armed forces. When presenting the agreement at the parliament, Deputy Defense Minister Ara Nazaryan said that under the agreement, Russia-made military production will be purchased in 2015-2017. The loan is provided at an annual interest rate of 3% for 13 years, with a 3-year grace period, he said.  Top stories The Cabinet of Ministers decided on Thursday, November 9 to allocated AMD 120 million to arrange the gathering. Michael Roth believes sanctions must be put on the table after Baku‘s ethnic cleansing in Nagorno-Karabakh. The Yerevan City Council has elected Tigran Avniyan from the ruling Civil Contract as the mayor of the Armenian capital. The Armenian Parliament on Tuesday, October 3 voted to ratify the Rome Statute of the International Criminal Court.   Partner news |  Related sections Topic Latest news Macron says France commemorates 109th anniv. of Armenian genocide  Today France commemorates the 109th anniversary of the Armenian genocide of 1915, Macron says.Erdogan wants “realistic road map” for relations with Armenia Turkish President Recep Tayyip Erdogan has called for a “new realistic road map” for relations with Armenia.Henrikh Mkhitaryan wins Serie A title with Inter Inter Milan midfielder Henrikh Mkhitaryan admits that the team have long been imagining clinching Serie A against AC Milan.Armenia not going to war over Karabakh, says Pashinyan Armenia is not preparing to fight a war for Nagorno Karabakh, Prime Minister Nikol Pashinyan said in an interview. |
