Russia Grants $200 Million Loan to Armenia for Purchasing Weapons

Russian and Armenian military tanks. (Source: Public Radio of Armenia)

YEREVAN (Russia Beyond the Headlines) ”” The Russian government and the Armenian authorities have signed an agreement providing a ten-year state export loan to Armenia with the payment deferral until early 2018, Russian media inform, quoting a report on the official legal data portal.

“The Russian side is providing the Armenian side with a state export loan of up to $200 million for financing the delivery of Russian military products in line with the list contained in Appendix No1 to this agreement,”