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Armenia, Russia to open joint military plants

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  • Armenia, Russia to open joint military plants

    Interfax, Russia
    April 12 2012

    Armenia, Russia to open joint military plants

    YEREVAN. April 12


    Russia and Armenia will open joint military plants on the Armenian territory,
    Collective Security Treaty Organization (CSTO) Deputy Secretary General
    Valery Semerikov said in Yerevan.

    The Armenian and Russian delegations to the CSTO Interstate
    Military-Economic Cooperation Commission held a joint session in Yerevan on
    Thursday.

    "The Armenian Defense Ministry and the Russian Federal Military-Technical
    Cooperation Service signed a memorandum on integration and cooperation
    between defense plants. We will set deadlines for forming joint ventures,
    which will work for the benefit of Armenia and Russia," Semerikov said.

    The joint ventures will open either at the existent Armenian plants or on
    new premises, he said.

    "They will make military products, repair and give maintenance to military
    hardware," he said.

    In addition, Armenia and Russia will sign a new intergovernmental agreement
    on military-technical cooperation, Armenian National Security Council
    Secretary Artur Bagdasarian said.

    "There will be direct contacts between defense plants of the two countries
    and Armenia-Russia military cooperation will broaden," he said.

    Bagdasarian hopes that the document will be signed soon.

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