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Arms producer given green light for $6.7 mln investment in Armenia

Arms producer given green light for $6.7 mln investment in Armenia

15:02 AMT  11:02 GMT
Weapons manufacturer Arsenal LTD will invest AMD3.26 billion ($6.7 million) in Armenia and create 200 new jobs. The government on Thursday, February 21 decided to provide customs privileges to the company for the import of technological equipment, their components and raw materials. The annual output will amount to AMD 44.4 billion (more than $91 million).
Cher teaming with Nancy Pelosi for Int'l Women's Day celebration
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Armenia, Georgia sign military cooperation program for 2019
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Armenia among five best sightseeing holiday spots in CIS
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OSCE mediators learn details of Pashinyan-Aliyev meeting
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Ameriabank receives EBRD award for Greenhouse Investment
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