Russian Arms Loan Eyed
February 10 2010
Sri Lanka
Moscow has offered the Sri Lankan government a US$300 million loan for the purchase of Russian military equipment, reports Interfax-AVN (Russia).
The two nations have been discussing a potential purchase of Mi-17 choppers for some time, but financial problems have delayed finalizing a deal.
A new contract for up to 30 Mi-17s could be signed in the next two to three months, according to an unnamed military source.
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