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Armenian DG Arms Corporation Plant To Enter International Market

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  • Armenian DG Arms Corporation Plant To Enter International Market

    ARMENIAN DG ARMS CORPORATION PLANT TO ENTER INTERNATIONAL MARKET

    PanARMENIAN.Net
    02.10.2007 18:20 GMT+04:00

    /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.
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