Economy

Government to procure defense products from local manufacturers as priority

1 minute read

Government to procure defense products from local manufacturers as priority

YEREVAN, AUGUST 29, ARMENPRESS. After meeting representatives of the Armenian defense industry, PM Nikol Pashinyan briefed Cabinet members today on the agreements that have been reached.

“We’ve agreed that we will very quickly inventorize those products of the military-industry sector which are being manufactured in Armenia. We will develop an approximate 5-year plan of the military’s demand, and we will work with the sector in two directions: the government will set an objective that procurements be made from local manufacturers if the latter will display concrete actions aimed at increasing their productivity and lowering costs and a roadmap,” the PM said.

PM Pashinyan tasked the Cabinet to regularly brief him on the matter.

Edited and translated by Stepan Kocharyan

AREMNPRESS

Armenia, Yerevan, 0002, Martiros Saryan 22

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