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Vnesheconombank May Grant Armenia Loan

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  • Vnesheconombank May Grant Armenia Loan

    VNESHECONOMBANK MAY GRANT ARMENIA LOAN

    Vestnik Kavkaza
    July 18 2012
    Russia

    Roscosmos may request Vnesheconombank to grant Armenia credit for
    the geostationary communication satellite launch, Roscosmos Chief
    Vladimir Popovkin said, RIA Novosti reports.

    The memorandum signed at the FARNBOROUGH Airshow (UK) in July says
    that Armenia needs own communication satellite. Armenia wants to
    launch it before 2016.

    The satellite will have a capacity of 50-60 transponders. Popovkin
    noted that further details are a commercial secret so far.

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