Armenia to produce, export night vision, thermal imaging camerasJuly 14, 2016 - 13:38 AMT PanARMENIAN.Net - Production of military night vision goggles and thermal imaging cameras will be launched in Armenia, with Unicom Engineering set to manufacture the devices, Aysor.am reports. According to Economy Minister Artsvik Minasyan, the production and export of the equipment will be organized in Armenia’s Alliance free economic zone. “On the second year of the project in 2017, the export volume is expected to amount to $5 million, set to grow to $12 million on the fifth year,” Minasyan said. “During the first year of production, 1000 devices will be built and shipped abroad. We are to increase this number to 5500 in the future. Russia is the main recipient of Armenian night vision and thermal imaging cameras.” The project eyes investments worth $31 million, 10 jobs will be created at the beginning, and 35 people will work on the project in five years. Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion. Partner news | Turkey extends military presence in Azerbaijan The Turkish parliament has adopted a bill submitted by Recep Tayyip Erdogan to extend the mandate of Turkish troops. Russia to begin assessing migrant workers' speaking skills Rosobrnadzor is planning to change the Russian language exam for migrant workers and include an assessment of speaking skills Armenian, Saudi Foreign Minister meet in Riyadh The two commended the positive dynamics of the development of political dialogue between Armenia and Saudi Arabia Pashinyan: Azerbaijan’s proximity shouldn’t worry border residents At the same time, he said that he “does not guarantee [the security of villagers] one hundred percent”. |