Haykakan Zhamanak: Russian companies show interest in Armenia’s state procurement procedures
Haykakan Zhamanak writes citing sources that several major Russian companies are showing an interest in the state procurement procedures of Armenia.
“Hundreds of millions of dollars from Armenia’s budget are annually spent on purchases, ranging from stationery and household items to vehicles and equipment. After Armenia’s entry into the Eurasian Economic Union, Russian companies will take part in this process as well. They may crush the Armenian companies with their financial capacities,” the newspaper notes.