Russia extends military export credit of USD 200 million to Armenian

(Armenpress, Yerevan, 1 July 2015) The Foreign Affairs Committee of the National Assembly of Armenia has examined a Russian export credit agreement signed on June 26, 2015. The agreement was introduced into the National Assembly of Armenia by Ara Nazaryan, the deputy minister of defense, who said Russia will extend to Armenia a state export credit of USD 200 million to finance the purchase of Russian military hardware. The agreement was ratified by the Armenian parliament on July 2nd.