Last Update 14:36
Sunday, 26 March 2017

Russia, Egypt nearing $3bn arms deal: Report

AFP, Friday 14 Feb 2014
Russia talks
Russian President Vladimir Putin (right) shakes hands with Egypt's Army chief Field Marshal Abdel Fattah al-Sisi during their meeting at the Novo-Ogaryovo state residence outside Moscow, February 13, 2014 (Photo: Reuters)
Share/Bookmark
Views: 1737
Share/Bookmark
Views: 1737

Russia and Egypt are nearing a $3-billion arms purchase agreement that will be financed by Saudi Arabia and the United Arab Emirates, a Moscow newspaper reported on Friday.

The two sides have already either "initialled or signed" contracts for Egypt's purchase of Mig-29 fighters, air and coastal defence systems, Mi-35 attack helicopters and smaller arms, the Vedomosti daily quoted two Russian government sources as saying.

The report came out one day after talks in Moscow between Russian President Vladimir Putin and Egyptian army chief Abdel Fattah El-Sisi, the North African country's likely new head of state.

Cairo has turned to Moscow, which was its main arms supplier in the 1960s and early 1970s, after Washington cut back part of its assistance to its regional ally over a crackdwon by interim authorities on supporters of deposed president Mohamed Morsi.

*This story has been edited by Ahram Online

 

Short link:

 

Email
 
Name
 
Comment's
Title
 
Comment
Ahram Online welcomes readers' comments on all issues covered by the site, along with any criticisms and/or corrections. Readers are asked to limit their feedback to a maximum of 1000 characters (roughly 200 words). All comments/criticisms will, however, be subject to the following code
  • We will not publish comments which contain rude or abusive language, libelous statements, slander and personal attacks against any person/s.
  • We will not publish comments which contain racist remarks or any kind of racial or religious incitement against any group of people, in Egypt or outside it.
  • We welcome criticism of our reports and articles but we will not publish personal attacks, slander or fabrications directed against our reporters and contributing writers.
  • We reserve the right to correct, when at all possible, obvious errors in spelling and grammar. However, due to time and staffing constraints such corrections will not be made across the board or on a regular basis.
1



Nebil
19-02-2014 05:08pm
0-
2+
Mig-29 fighters
How many fighter planes Egyptians need to destroy The grater dame of Ethiopia. This is my message to Egyptian leaders. STOP thinking like a bull
Email
 
Name
 
Comment's Title
 
Comment

Latest

© 2010 Ahram Online.