The Russian Cabinet of Ministers has approved a draft agreement on the development of military-technical cooperation with Armenia and instructed the Federal Service for Military-Technical Cooperation to negotiate with Armenia on its signing, RIA Novosti reported. The agreement determines the order of supplying military goods.
According to the document, prices on the products are formed in accordance with the legislation of the supplying country.
According to the agreement, Armenia and Russia must ensure the protection of intellectual property rights of each other. The contract will be concluded for a period of five years.