"An agreement on $200-million loan on favorable conditions has been signed. It will allow us to upgrade the arsenal of the Armenian armed forces," Sargsyan said during a meeting with Russian President Vladimir Putin.
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Armenia to Receive $200Mln Loan From Russia to Modernize Armed Forces
08 September 2015
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Armenian President Serzh Sargsyan said during a meeting with Russian President Vladimir Putin that the loan would allow the country to upgrade the arsenal of its armed forces.
Armenia will receive a $200-million loan from Russia to modernize its armed forces, President Serzh Sargsyan said on Monday.
"An agreement on $200-million loan on favorable conditions has been signed. It will allow us to upgrade the arsenal of the Armenian armed forces," Sargsyan said during a meeting with Russian President Vladimir Putin.
"An agreement on $200-million loan on favorable conditions has been signed. It will allow us to upgrade the arsenal of the Armenian armed forces," Sargsyan said during a meeting with Russian President Vladimir Putin.
