Re: Nagorno-Karabagh: Military Balance Between Armenia & Azerbaijan
Smerches are on their way
Defense Minister’s Spokesperson: Process of supplying weapons to Armenia by Russia already started | ARMENPRESS Armenian News Agency
YEREVAN, MAY 3, ARMENPRESS. The Armenian Defense Minister’s Spokesperson Artsrun Hovhannisyan said the process of supplying weapons to Armenia by Russia with the loan agreement has already started during an interview with journalists on May 3. “The process of supplying weapons to Armenia with $200 million loan has already started, but I cannot say what is being supplied”, Hovhannisyan stated.
He also noted that the program of recruitment of the Armenian Armed forces with new military equipment is not related to the Russian loan, it did not start with the loan and will not end with it. “We have repeatedly stated Armenia is planning to rearm its Army, and there was no talk about the loan during that time. We have obtained large number of weapons and ammunition without a loan. As you know, we have stated that we have weapons in our arsenal which are very important and many will desire to have such weapons”, Hovhannisyan said.
He also added that Armenia with this loan agreement will receive not only weapons, but also operational reconnaissance devices which do not shot but play an important role.
The Russian Federation will allocate a 200 million USD loan with privileged conditions to Armenia for the financing of the military supply of Russian production. The agreement defines that the state export loan is provided with the term of 13 years, during the first three years of which with privileged conditions, 3% interest rate. The Republic of Armenia will co-finance in the framework of the agreement with 10% of the agreement value with advance payments.
Smerches are on their way
Defense Minister’s Spokesperson: Process of supplying weapons to Armenia by Russia already started | ARMENPRESS Armenian News Agency
YEREVAN, MAY 3, ARMENPRESS. The Armenian Defense Minister’s Spokesperson Artsrun Hovhannisyan said the process of supplying weapons to Armenia by Russia with the loan agreement has already started during an interview with journalists on May 3. “The process of supplying weapons to Armenia with $200 million loan has already started, but I cannot say what is being supplied”, Hovhannisyan stated.
He also noted that the program of recruitment of the Armenian Armed forces with new military equipment is not related to the Russian loan, it did not start with the loan and will not end with it. “We have repeatedly stated Armenia is planning to rearm its Army, and there was no talk about the loan during that time. We have obtained large number of weapons and ammunition without a loan. As you know, we have stated that we have weapons in our arsenal which are very important and many will desire to have such weapons”, Hovhannisyan said.
He also added that Armenia with this loan agreement will receive not only weapons, but also operational reconnaissance devices which do not shot but play an important role.
The Russian Federation will allocate a 200 million USD loan with privileged conditions to Armenia for the financing of the military supply of Russian production. The agreement defines that the state export loan is provided with the term of 13 years, during the first three years of which with privileged conditions, 3% interest rate. The Republic of Armenia will co-finance in the framework of the agreement with 10% of the agreement value with advance payments.
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