Armenia-Iran rumored $500m secret arms deal amid increased military budget after Nagorno-Karabakh War.
Armenia-Iran secret arms deal rumors emerge, estimated at $500m, due to Armenia's economic decline after the Second Nagorno-Karabakh War. The country's military budget has increased, with deals with France, Europe, and India also reported. Armenian experts point to two main reasons for the intensified armament: processing the humiliating defeat in the 2020 44-day fight and losing Nagorno-Karabakh.
July 25, 2024
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