October 6, 2016, 15:28 Military

Armenia approves procedure for assisting military industry companies

The procedure for assisting military industry companies has been approved in Armenia.

October 6, 2016, 15:28

Armenia approves procedure for assisting military industry companies

STEPANAKERT, OCTOBER 6, ARTSAKHPRESS: At Thursday’s Cabinet session, newly appointed Minister of Defense Vigen Sargsyan said the forms of such assistance will comprise financial aid, leasing interest subsidies, grants by way of contest, and state property allocation for use, NEWS.am reports.

The Armenian government plans to help the defense enterprises also in terms of laboratories and research capacity.

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