Turkey, Russia will meet to finalize S-400 defense deal in coming week

Turkey, Russia will meet to finalize S-400 defense deal in coming week

© Reuters. Turkish President Erdogan and his Russian counterpart Putin attend a news conference in Ankara© Reuters. Turkish President Erdogan and his Russian counterpart Putin attend a news conference in Ankara

ANKARA (Reuters) – Turkish and Russian officials will meet to finalize Turkey’s S-400 surface-to-air missile systems deal in the coming week, Turkish President Tayyip Erdogan said on Monday.

Turkey has been negotiating with Russia to buy the system for more than a year. Washington and some of its NATO allies see the decision as a snub because the weapons cannot be integrated into the alliance’s defenses.

Turkey expects to receive its first such system in 2019, defense Minister Nurettin Canikli said in November adding that the deal includes two S-400 systems while one was optional.

“Our officials will come together in the coming week to finalize the S-400 issue,” Erdogan said during a joint news conference with his Russian counterpart Vladimir Putin.

Turkey has been working to develop its own defense systems and equipment and has lined up several projects for the coming years including combat helicopters, tanks, drones and more.

Erdogan also said Ankara and Moscow were on the same page regarding the U.S. move on Jerusalem and added that two leaders would keep in contact on the issue.

Disclaimer:Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

(Why?)

Source

Reply