Russian President Vladimir Putin signed a law ratifying the agreement on development of military-technical cooperation with Armenia.

The document was signed on June 25, 2013, in Armenia’s capital city Yerevan. The agreement is with respect to the extension of the terms for the use of military equipment and arms, and their utilization, modernization, repair, operation, manufacture, and development.   

According to the treaty, the supplies will be carried out according to the contracts signed by responsible organizations of the parties without licenses for export and import.

The Federation Council, upper house of Russian parliament, ratified the agreement last week.