Azerbaijan's defense spending set to increase by 11%May 25, 2024 - 13:53 AMT PanARMENIAN.Net - Azerbaijan's spending on defense and national security will increase by 11%, according to a fresh bill published by the country’s Ministry of Finance, Haqqin.az reports. According to the document, spending on defense and national security will be increased from 6,421 million manats to 7,126.3 million manats (from $3.7 billion to around $4.2 billion). Top stories Azerbaijani President Ilham Aliyev arrived in Moscow on April 22 to hold talks with Russian counterpart Vladimir Putin. Authorities said a total of 192 Azerbaijani troops were killed and 511 were wounded during Azerbaijan’s offensive. In 2023, the Azerbaijani government will increase the country’s defense budget by more than 1.1 billion manats ($650 million). The bill, published on Monday, is designed to "eliminate the shortcomings of an unreasonably broad interpretation of the key concept of "compatriot". Partner news | Politico: Belarus delivered advanced weapons to Azerbaijan in 2018-2022 Belarus delivered advanced weapons to Armenia’s enemy even though both countries were supposedly allies in a defense pact. Armenia Security Council chief to attend Ukraine peace summit Secretary of the Security Council of Armenia Armen Grigoryan will take part in the Ukraine peace summit in Switzerland. Armenian govt. approves ratification of EAEU-Iran free trade deal At a meeting on Friday, June 14, the Armenian government approved the ratification of an EAEU free trade agreement with Iran. Deputy U.S. Secretary of State to arrive in Yerevan Deputy Secretary of State for Management and Resources Richard R. Verma will travel to Yerevan, Armenia from June 17-19 to. |