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ANKARA: Armenia Buys 2,6 Million US Dollars Worth Arms From Serbia

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  • ANKARA: Armenia Buys 2,6 Million US Dollars Worth Arms From Serbia

    ARMENIA BUYS 2,6 MILLION US DOLLARS WORTH ARMS FROM SERBIA

    Journal of Turkish Weekly, Turkey
    Feb 20 2007

    Armenian daily panArmenian reports that Armenia buys arms from
    Armenia. Armenia will pay about 2,6 million US dollars for the two
    parties shipment of the arms from Serbia.

    The first shipment of arms produced by the Kragujevac-based weapons
    manufacturer Zastava Oruzje, according to the panArmenian, will head
    for Armenia toward the end of the week, although it was announced
    earlier that the first shipment would take place in mid-January.

    The shipment was delayed due to the complicated procedure for issuing
    all the permits necessary for the export of arms.

    Zastava Oruzje got the permit to export the first of the two arranged
    shipments, worth USD 1.7 million, on January 10th, but the procedure
    for issuing the transport and other necessary permits is only being
    completed in february 2007.

    The realization of the second export contract, worth USD 900 000, is
    still uncertain, as none of the ministries in charge of this matter
    approved the export on the basis of this contract.

    Although Armenia is the poorest economy in the region, Armenia follows
    an aggressive foreign policey towards the neigbours. About 20 percent
    of Azerbaijan has been under Armenian occupation. Armenian Constitution
    does not recognise neigbouring Turkey's national territorial unity.

    From: Emil Lazarian | Ararat NewsPress
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