Bank Of Baku

Russian Deputy Foreign Minister: “We are in talks with Azerbaijan to modernize the terms of the Gabala Radar Station lease agreement”

Russian Deputy Foreign Minister: “We are in talks with Azerbaijan to modernize the terms of the Gabala Radar Station lease agreement”
# 17 June 2011 15:43 (UTC +04:00)
“As regards the Gabala radar station, which was built in the Soviet period and represents a critical defense facility, the Russian Federation was paying $10 million per annum for its lease”, Karasin told the State Duma on Friday.
“Today talks focus on modernizing the lease terms,” - he said.
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