India, Armenia reportedly have arms deals worth $600 millionJuly 24, 2024 - 18:14 AMT PanARMENIAN.Net - India’s government has reportedly put the total volume of Armenia’s contracts with Indian arms manufacturers signed in the last few years at $600 million. “The former Soviet Republic of Armenia has become the largest importer of weapons from India after concluding deals on the purchase of Pinaka multiple-launch rocket systems and Akash anti-aircraft systems," the Indian Finance Ministry said in a report cited by Russia’s TASS news agency on Tuesday. Citing the Defense Ministry in New Delhi, the Indian Aerospace Defense News (IADN) publication reported, meanwhile, that the “total volume of weapons purchases by Armenia from India reached $600 million by the start of current [financial year] 2024-25.” It gave no details of those deals, RFE/RL's Armenian service reports. India and Armenia have significantly deepened bilateral military cooperation since the 2020 war in Nagorno-Karabakh war during which India’s arch-foe Pakistan strongly supported Azerbaijan. Their multimillion-dollar defense contracts reportedly call for the delivery of not only Pinaka systems but also Indian-made howitzers, anti-tank rockets and anti-drone equipment to the Armenian army. An Indian defense publication reported last September that Armenia is due to receive a total of 90 ATAGS howitzers over the next three years. Six of them have already been delivered to the South Caucasus nations, it said. In May this year, military officials from the two countries held in Yerevan what the Armenian Defense Ministry described as first Indian-Armenian “defense consultations.” They set up a “working group” tasked with implementing a plan of joint actions for 2024 and 2025. The military cooperation will involve not only arms supplies but also military education, “tactical training” and “experience sharing,” according to the ministry.ng into details. Top stories The foreign ministers of Armenia and Azerbaijan, Ararat Mirzoyan and Jeyhun Bayramov, have arrived in Washington. The CSTO budget for the current year requires adjustments due to the refusal of Yerevan to pay their share of contributions. Six total incidents have burned 19 old-growth trees. Friday night 8 trees were torched along the beautiful main entrance. The EU does not intend to conduct military exercises with Armenia, Lead Spokesperson for EU Foreign Affairs and Security Policy Peter Stano says. Partner news | Turkey replacing term "Central Asia" with "Turkestan" in textbooks The Turkish Ministry of Education is replacing the term "Central Asia" with "Turkestan" in textbooks. Armenia assumes presidency of Mediterranean Network of Regulatory Authorities The Commission on Television and Radio of Armenia said it expects productive cooperation in various formats. Balance of attached cards in the Idram&IDBank app From now on, users will be able to view the online balances of cards issued by ArCa system banks and attached to the app. Ameriabank’s New Offer: Draw of investment portfolios for AMD 2M Clients, who open a brokerage account online through MyInvest by December 24, will enter a draw for one investment portfolio. |