The FINANCIAL -- YEREVAN, Armenia's Defense Ministry on January 12 denied a report from Baku alleging that Russian arms had been handed over to Yerevan.

Azerbaijani media previously reported that arms worth a total of $800 million had been transferred to Armenia from a Russian military base in the country.

"That is yet another piece of disinformation by Azerbaijani propaganda. I don't think there is a need to comment on it," said the Armenian defense minister's press secretary, Col. Seiran Shakhsuvaryan.

Azerbaijan's Foreign Ministry said earlier on January 12 that it was studying the report.

"As soon as the necessary information is obtained, the Foreign Ministry will formulate its position," said Elkhan Polukhov, first secretary of the Azerbaijani Foreign Ministry.

Relations between Azerbaijan and Armenia became strained when Nagorny Karabakh, a region in Azerbaijan with a largely Armenian population, declared its independence from Azerbaijan to join Armenia in 1988. The enclave has been a source of conflict ever since.

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