Thursday, May 16 2024 16:16
Marianna Mkrtchyan

Pankin: Armenia`s suspension of CSTO funding isn`t tragedy

Pankin: Armenia`s suspension of CSTO funding isn`t tragedy

ArmInfo.  Armenia's suspension of funding to the CSTO is not a tragedy; Yerevan is not leaving the  organization. This was stated by Deputy Foreign Minister of the  Russian Federation Alexander Pankin during a session within the  framework of the international economic forumentiteled "Russia -  Islamic World: KazanForum".

"In fact, the suspension of funding is not a tragedy, the  organization continues to live. Armenia does not leave the CSTO. It  continues to work," Pankin said, RIA Novosti reports.

On May 8, the Armenian Foreign Ministry announced that the country  would stop paying membership fees to the Organization. Earlier, the  Prime Minister of the Republic of Armenia announced the suspension of  the country's participation in the work of the CSTO due to the  latter's failure to fulfill its statutory obligations.