Turkey Seeks Loan From Russia To Buy S-400 Systems – TASS NEWS AGENCY

Turkey has announced its wish to obtain Russia’s loan to buy weapons, including S-400 air defense missile systems

MOSCOW, March 14. /TASS/. Turkey has announced its wish to obtain Russia’s loan to buy weapons, including S-400 (NATO reporting name: SA-21 Growler) air defense missile systems, Rostec state corporation CEO Sergey Chemezov told the Rossiya-24 TV channel on Tuesday.

“They have voiced their wish to get a loan, but now the issue has not been solved. The Finance Ministry is holding talks, as soon as they sign this and take a decision on allocating a loan, we will already ink contracts on supplies, including of S-400,” Chemezov said.

The Rostec CEO gave no details on when this decision could be taken.

In February, Chemezov said that Turkey had shown interest in the Russian-made S-400 system and was in talks with Moscow on the possible supplies. In November 2016, Turkish National Defense Minister Fikri Isik reported about these talks.

China was the first to buy the Russian-made S-400 surface-to-air missile systems. It was announced in the spring of 2015 that the relevant contract had been signed. According to media outlets, the deal was worth about $3 billion.

In October 2016, Russia and India signed an intergovernmental agreement on the delivery of S-400 systems.

SOURCE: TASS

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s