Armenia signs agreement with Russia on $100 mln defense loanNovember 1, 2017 - 11:56 AMT PanARMENIAN.Net - Moscow will soon supply Yerevan with a batch of weapons under the current contract, while the implementation of a new $100 million loan agreement, which has already been signed, will begin after the completion of all intergovernmental approvals, Armenian president Serzh Sargsyan has said. "We will implement the previous agreement by the end of the year and are expecting new supplies one of these days, and by the end of the year we will conclude all issues related to the previous agreement," Sargsyan said in an interview with RIA Novosti. "We have already signed a new agreement in Yerevan, it must go through all the Russian and Armenian authorities, then the ratification procedure, and afterwards we will start working with relevant manufacturers from the Russian side to implement this program." The state export credit will be provided for 20 years (including a five-year grace period) with a 3% annual interest rate. Top stories Six total incidents have burned 19 old-growth trees. Friday night 8 trees were torched along the beautiful main entrance. The EU does not intend to conduct military exercises with Armenia, Lead Spokesperson for EU Foreign Affairs and Security Policy Peter Stano says. Hikmet Hajiyev has said that there is no place for USAID operation in Azerbaijan any longer. A telephone conversation between Putin and Pashinyan before the CSTO summit is not planned, Peskov says. Partner news | European Parliament to discuss repression in Azerbaijan The European Parliament will discuss repression of civil society in Azerbaijan on April 24 PACE wants concessions from Azerbaijan to accept Baku back A PACE co-rapporteur said that Azerbaijani authorities must make certain concessions so that the country can return to PACE. Armenia PM, France envoy discuss regional matters Issues related to the consistent development of Armenia-France cooperation were discussed. Azerbaijan razes historic Armenian church to ground Azerbaijan has demolished the historic Armenian Church of St. John the Baptist (known as Kanach Zham). |