Armenian enterprises to be involved in development program in CSTO military-industrial complex
28.04.2008,
18:02
The Armenian enterprises transferred to Russia against Armenia’s national debt to that country must be involved in development program in the military-industrial complex of the Collective Security Treaty Organization (CSTO), stated Ivan Materov, Chairman
YEREVAN, April 28. /ARKA/. The Armenian enterprises transferred to Russia against Armenia’s national debt to that country must be involved in development program in the military-industrial complex of the Collective Security Treaty Organization (CSTO), stated Ivan Materov, Chairman of the CSTO Intergovernmental Commission for Military Economy Cooperation.
“All the enterprises must find their niche in the program of the CSTO Intergovernmental Commission for Military Economy Cooperation,” Materov told a press conference on the results of the Commission’s fifth meeting.
He pointed out the necessity for special-purpose programs of re-operating the enterprises.
The agreement on the transfer of Armenian enterprises to Russia against Armenia’s $93mln debt to that country was signed in 2002. Under the agreement the following enterprises were transferred to Russia: Mars CJSC (estimated at $56.29mln), Yerevan Research Institute of Mathematical Machines ($2.75mln), Yerevan Research Institute of Automated Control Systems ($3.37mln), Yerevan Research Institute of Materials’ Science ($0.35mln), Hrazdan TPP ($31mln).
The CSTO was formed in 1992 by Russia, Armenia, Belarus, Kazakhstan, Kyrgyzstan, Tajikistan and Uzbekistan.–0--
“All the enterprises must find their niche in the program of the CSTO Intergovernmental Commission for Military Economy Cooperation,” Materov told a press conference on the results of the Commission’s fifth meeting.
He pointed out the necessity for special-purpose programs of re-operating the enterprises.
The agreement on the transfer of Armenian enterprises to Russia against Armenia’s $93mln debt to that country was signed in 2002. Under the agreement the following enterprises were transferred to Russia: Mars CJSC (estimated at $56.29mln), Yerevan Research Institute of Mathematical Machines ($2.75mln), Yerevan Research Institute of Automated Control Systems ($3.37mln), Yerevan Research Institute of Materials’ Science ($0.35mln), Hrazdan TPP ($31mln).
The CSTO was formed in 1992 by Russia, Armenia, Belarus, Kazakhstan, Kyrgyzstan, Tajikistan and Uzbekistan.–0--
