Announcement

Collapse
No announcement yet.

Russia to prolong radar station rent agreement

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

  • Russia to prolong radar station rent agreement

    Russia to prolong radar station rent agreement

    TERT.AM
    12:45 - 28.09.12


    Russia is likely to prolong the agreement on renting the Gabala radar
    station (Azerbaijan) for additional three years.


    Citing a source close to the process, RIA Novosti reports that the
    financial agreements will remain unchanged in the above period.

    A source close to Russia's Ministry of Defense had earlier said that
    the agency is disappointed with Azerbaijan's non-constructive approach
    to the negotiations over extending the agreement terms. The media
    outlets reported early in spring that Baku calls for increasing the
    annual rent from $7 million to $300 million.

    `The discussion now goes around prolonging the agreement for 2-3 years
    in accordance with the existing criteria, including the financial
    ones,' the sources was quoted as telling the agency.

    The agreement for renting the Gabala radar expires at the end of 2012.

Working...
X