International Business

Russia and Turkey agreed on the technical specifications of a contract that would supply Turkey with long-range air defense systems S-400 Triumph, Russian state conglomerate Rostec’s Director for International Cooperation and Regional Policy Viktor Kladov said this week.

According to Kladov, a Turkish delegation visited Rosoboronexport, Russian state intermediary agency for the export and import of military use technologies, to discuss a potential deal, but no contract has been signed yet.

“We, as suppliers, demonstrate the technical and technological readiness to supply this type of equipment, this is the essence of technical negotiations,” Kladov said.

The Rostec official also said that some non-technical aspects of a deal are being discussed.

“There are commercial issues, there are monetary and financial issues, there are political issues,” Kladov said.

Russian President Vladimir Putin said Thursday that Russia was ready to supply Turkey with S-400 air defense systems.

S-400 missiles are the new generation of the Russian missile system and thus far Russia has only sold the system to two other countries. Last year, both China and India signed an inter-governmental agreement to procure four regiments of the Russian-made S-400’s, and delivery of the new air defense systems is expected to begin in 2020.

Turkey will be the first NATO member country to purchase the system, if the country reaches an agreement with Russia for their procurement.

Share this article with your professional network:
June 8, 2017

Turkey gets one step closer to purchasing its first ever major Russian defense equipment

Russia and Turkey agreed on the technical specifications of a contract that would supply Turkey with long-range air defense systems S-400 Triumph, Russian state conglomerate Rostec’s […]
May 31, 2017

Russia eases economic restrictions on Turkey

Russian President Vladimir Putin signed the decree cancelling some of the economic restrictions imposed on trade and travel with Turkey on Wednesday as a major sign […]
May 31, 2017

China to invest digital broadcasting sector in Turkey

Digital television giant StarTimes Media Group, which provides content and infrastructure services to more than 300 radio and television channels in Africa, is preparing to invest […]
May 25, 2017

Turkish Stream seeks its European point of entry

Russian Prime Minister Dmitry Medvedev said during 25th-anniversary summit of the Organization of the Black Sea Economic Cooperation (BSEC) that Russia is discussing an entry point […]

Powered by MaviKelebek