Turkey cancels $ 3.4 bln missile deal with China: Official
BY Agencies17 Nov 2015 4:41 AM IST
Agencies17 Nov 2015 4:41 AM IST
Turkey has cancelled a multi-billion-dollar deal with China to build its first anti- missile system that had alarmed Ankara’s allies in NATO, a Turkish official said today.
“The deal was cancelled,” the official from Prime Minister Ahmet Davutoglu’s office told AFP.
“One of the main reasons is that we will launch our own national missile project,” added the official.
The news came as Turkey hosted key Western allies including US President Barack Obama but also Chinese leader Xi Jinping for the summit of G20 top economies in the Mediterranean resort of Antalya.
Turkey entered negotiations in 2013 with the China Precision Machinery Export-Import Corporation (CPMIEC) to finalise a contract worth $3.4 billion (3 billion euros).
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