Thursday, March 29 2018 19:02

Vigen Sargsyan: Armenia`s military-industrial complex should be aimed  not only at meeting the needs of the republic, but also in exporting  military products

Vigen Sargsyan: Armenia`s military-industrial complex should be aimed  not only at meeting the needs of the republic, but also in exporting  military products

ArmInfo. The development of the military-industrial complex is a prior to Armenia's economic development. Defense Minister Vigen Sargsyan stated at the opening of  the second international exhibition of arms and defense technologies  "ArmHiTec-2018". He stressed that in recent years, in the sphere of  the military-industrial complex of Armenia, high-tech developments  have their stable place. According to the minister, at the exhibition  one may see some examples of modern weapons produced by the Armenian  military-industrial complex.

Sargsyan recalled that a seven-year program for the modernization of  the Armed Forces of Armenia has been worked out, its goal is to  stimulate the domestic military-industrial complex not only for the  needs of the republic, but also for the further export of military  products. "We hope that the exhibition will become a good platform  for dialogue between representatives of scientific, industrial and  military circles with a view to further developing international  cooperation," the minister said.

The exhibition will be held on March 29-31. At the opening of the  exhibition were made by Defense Minister Vigen Sargsyan and Deputy  Secretary General of the Collective Security Treaty Organization  Valery Semerikov. "ArmHiTec -2018" aims to become an effective  platform for dialogue for military, scientific and business circles  of the participants. According to the organizers, pavilions of both  Armenian and foreign organizations, including from Russia, India,  Germany, Italy, France, China and other countries have been opened at  the exhibition. The President of the Republic was familiarized both  with the achievements of Armenian organizations in the sphere of  armaments and defense technologies, as well as with the exhibits of  foreign organizations. Within the framework of the second  international exhibition "ArmHiTec -2018", a scientific and practical  program is planned for participation in which delegations from more  than 10 countries and the delegation of the CSTO arrived in Armenia. 

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