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How Do Russian Loans “Help” Armenia to Modernize Its Military Capabilities?

May 10, 2018 15:44PM

Benyamin Poghosyan By Fuad Sahbazov, Baku-based independent regional security and defence analyst

Armenia’s dependence on Russia makes it a pivotal foothold of Moscow in the South Caucasus, as the only host country of a Russian military base in the region, as well as a member in the Russia-led Collective Security Treaty Organization (CSTO), and the Eurasian Economic Union (EEU). While the growing arms race in the region and the recent escalation of tensions in Nagorno-Karabakh increased the vulnerability of Armenia, Russia seems to have reinforced its ability to ensure full control over Armenia. READ MORE

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