Your trusted source

Armenia's decision to freeze its payment to the Collective Security Treaty Organization (CSTO) will not lead to a revision of the contribution scale, member countries will not have to pay more, Viktor Vasilyev, Russia's permanent representative to the CSTO, told Sputnik.

Earlier, Armenian Foreign Ministry spokeswoman Ani Badalyan stated that Yerevan would refrain from joining the decision of the CSTO Collective Security Council of November 23, 2023 “On the CSTO budget for 2024” and participating in the financing of the Organization’s activities envisioned by this decision.

“And another important point is that this will not entail a revision of the contribution scale... Member states, including Russia, will not pay more than they had to pay," Vasilyev said.

He said the CSTO had previously accumulated financial reserves, which helped adjust the budget.

“And this will not lead to its sharp reduction,” Vasilyev said.