Armenian DG Arms Corporation plant to enter international market

PanARMENIAN.Net - Armenian DG Arms Corporation plant will enter the international market after satisfying the internal needs, Director General Partev Musheghyan said.



"The output is first of all meant for the internal market," he noted.



Potential customer states will be chosen due to market demand for the plant's output, according to him.



"The armament will be delivered with permission of the Armenian authorities to the states not falling under UN and EU sanctions and not opposing the interests of the CSTO member states.



"To secure a high quality of the output a special commission will be formed. The plant will be constantly modernized and equipped. The initial investment amounts to $22 mln. Further donations will be immediately depend on assortment increase," he said, IA Regnum reports.
 Top stories
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".
The earthquake caused a temporary blackout, damaged many buildings and closed a number of rural roads.
Partner news
---