Armenian DG Arms Corporation Plant To Enter International Market

ARMENIAN DG ARMS CORPORATION PLANT TO ENTER INTERNATIONAL MARKET

PanARMENIAN.Net
02.10.2007 18:20 GMT+04:00

/PanARMENIAN.Net/ Armenian DG Arms Corporation plant will enter the
international market after satisfying the internal needs, Director
General Partev Musheghyan said.

"The output is first of all meant for the internal market," he noted.

Potential customer states will be chosen due to market demand for
the plant’s output, according to him.

"The armament will be delivered with permission of the Armenian
authorities to the states not falling under UN and EU sanctions and
not opposing the interests of the CSTO member states.

"To secure a high quality of the output a special commission will be
formed. The plant will be constantly modernized and equipped. The
initial investment amounts to $22 mln. Further donations will be
immediately depend on assortment increase," he said, IA Regnum reports.