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Armenian-Russian Joint Military-Industrial Companies To Be Created I

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  • Armenian-Russian Joint Military-Industrial Companies To Be Created I

    ARMENIAN-RUSSIAN JOINT MILITARY-INDUSTRIAL COMPANIES TO BE CREATED IN ARMENIA

    ARMENPRESS
    APRIL 12, 2012
    YEREVAN

    YEREVAN, APRIL 12, ARMENPRESS. Armenian-Russian joint
    military-industrial companies will be created on the basis of existing
    companies or creation of new ones. The issue is being discussed at
    the extended sitting of the CSTO and Military-Technical Cooperation
    Inter-State Commission.

    Assistant Secretary General of the CSTO Valery Semerikov said today
    that the arrangements reached during the previous meetings mainly
    refer to the military engineering. "But today we will discuss the
    opportunity of setting military-industrial centers in Armenia, which
    in its turn will promote the increase of the defense level of Armenia,"
    Semerikov said.

    Secretary of the National Security Council Arthur Baghdasaryan said
    the session gathered all those engaged in the military industrial
    sphere of their country. "The current results are very positive
    and the procedure of establishing seven new joint ventures goes on
    successfully. The main goal of this sitting is preparation of a new
    agreement in the sphere of military-technical cooperation between
    Armenia and Russia," Arthur Baghdasaryan said, adding that Russia
    has such agreement with Belarus as well.

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