Parliament ratifies deal on Russia’s $200 million export loanJuly 3, 2015 - 11:25 AMT PanARMENIAN.Net - At the July 2 extraordinary session Armenian National Assembly ratified the agreement on the provision of a $200 million concessional export loan by Russia to Armenia. The loan will be used to widen considerably the range of modern weapons of the Armenian armed forces, Panorama.am reports. 98 MPs voted in favor, one MP – member of ‘Heritage’ opposition faction Zaruhi Postanjyan voted against. When presenting the agreement at the parliament, Deputy Defense Minister Ara Nazaryan said that under the agreement, military production made in Russia will be purchased in 2015-2017. The loan is provided at an annual interest rate of 3% for 13 years, with a 3-year grace period, he said. Top stories The Cabinet of Ministers decided on Thursday, November 9 to allocated AMD 120 million to arrange the gathering. Michael Roth believes sanctions must be put on the table after Baku‘s ethnic cleansing in Nagorno-Karabakh. The Yerevan City Council has elected Tigran Avniyan from the ruling Civil Contract as the mayor of the Armenian capital. The Armenian Parliament on Tuesday, October 3 voted to ratify the Rome Statute of the International Criminal Court. Partner news | Russia clarifying reports on Baku’s alleged arms supply to Ukraine Russia says is carefully working to verify reports about alleged arms supplies from Azerbaijan to Ukraine Russia warns Armenia against “falling into West’s trap” Zakharova maintained, however, that anything that will benefit the people of Armenia can only be welcomed. CSTO: Armenia has not participated in secretariat’s work recently Recently Armenia has not participated in the work of the secretariat of the CSTO, Imangali Tasmagambetov said. Ucom launches network modernization efforts in few regions of Armenia In particular, on March 28, the legacy Mobile Switching Subsystem will be replaced with a new one. |