Riyadh and Moscow signed a deal in the sphere of defense industry $3 billion – the mediaUncategorized October 6, 2017
Meeting the king of Saudi Arabia Salman bin Abdul-Aziz al Saud , President of the aggressor country of Russia Vladimir Putin ended with the signing of several economic and military agreements, including the establishment of a joint Saudi-Russian investment Fund in the amount of one billion dollars and the purchase of Russian missile systems s-400. About it reports TV channel Al-Arabiya.
According to the media we are talking about a deal worth over three billion dollars.
The Russian newspaper Kommersant wrote on Friday, October 6, citing a source familiar with the negotiations that Saudi Arabia could buy at least four battalions of air defense systems s-400 Triumf in the amount of about two billion dollars.
It is also reported that the Memorandum is signed for the purchase with subsequent localization in Saudi Arabia heavy flamethrower systems TOS-1A, antitank missile systems Kornet-EM and grenade launchers AGS-30. It is noted that the degree of localization of each weapon will be different.
In addition, the parties inter alia signed a Memorandum on purchase and localization in Saudi Arabia the production of Kalashnikov AK-103 and cartridges of different purpose. It is noted that the negotiators of the Russian Federation insist that the percentage of this localization should be small, and the main components will be, the EBA concern Almaz-Antey.
“We look forward to strengthening relations with Russia to ensure global stability,” said the king. “We will continue to work with Russia to stabilize oil prices,” added Salman, reports Al-Arabiya.
In turn, Russian foreign Minister Sergei Lavrov said that relations between the two countries will reach a new qualitative level.
“I am confident that your visit will give great impetus to our joint relations,” Putin said.
Following the meeting, Putin accepted the invitation from Salman to visit Saudi Arabia, “to complete consultations on issues of common interest”.