Friday, 3 July 2015

Russia to loan Armenia $200 million for arms: Yerevan

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Russia to loan Armenia $200 million for arms: Yerevan
Yerevan (AFP) July 2, 2015 - Moscow is to give Armenia a $200 million loan to purchase sophisticated Russian weapons at a discount, officials in Yerevan said on Thursday. Armenia, which hosts a Russian military base, has been shaken by nearly two weeks of protests over plans by a Russian-owned company to hike electricity prices in the small Caucasus country. Armenia's deputy defence minister Ara Nazaryan told a par ... more


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