Armenia and Russia reach agreement to boost cooperation in military-industrial sector

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21.07.2010, 01:05

Armenia and Russia have reached concrete agreements to boost their cooperation in military-industrial sector embracing five directions, chief of Armenian National Security Council Arthur Baghdasarian said today.

YEREVAN, July 20, /ARKA/. Armenia and Russia have reached concrete agreements to boost their cooperation in military-industrial sector embracing five directions, chief of Armenian National Security Council Arthur Baghdasarian said today. He declined to divulge saying only that the sides discussed options for creating joint ventures to foster Armenia’s military-industrial complex. He was speaking to journalists after a three-day visit to Armenia by senior representatives of Russian military-industrial complex.

Arthur Baghdasarian spoke also about consultations in Yerevan with Nikolay Bordyuzha, secretary general of the Collective Security Treaty Organization (CSTO) ahead of CSTO summit to be hosted by Yerevan in August.

Nikolay Bordyuzha for his part stressed the importance of Armenia’s military-economic cooperation within the frameworks of the CSTO describing it as a priority. He said as part of that cooperation Armenia and Russia are implementing a pilot program for incorporation of Armenia’s military-industrial complex enterprises with their Russian peers. He said in view of Armenian authorities’ support to this program, it is set to be a success. -0-

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