Preliminary agreements signed to buy S-400
air defence systems and receive 'cutting edge technologies' from Russia
Thu 05 Oct 2017 06:57 PM
Saudi Arabia signed on Thursday preliminary agreements to
buy S-400 air defence systems and receive "cutting edge technologies"
from Russia during King Salman's landmark visit to Moscow, the Saudi military
industries firm said.
The agreement was announced as King Salman, who is on the
first official trip to Russia by a Saudi monarch, and Russian President
Vladimir Putin held talks at the Kremlin.
Under the agreements, Saudi Arabia is set to buy S-400
air defence systems, Kornet anti-tank guided missile systems and multiple
rocket launchers.
These agreements are "expected to play a pivotal
role in the growth and development of the military and military systems
industry in Saudi Arabia," Saudi Arabian Military Industries (SAMI), the
Sunni state's military industries firm said.
"The memorandum of understanding includes the
transfer of technology for the local production" of the Kornet anti-tank
guided missile systems, advanced multiple rocket launchers and automatic
grenade launchers.
"In addition, the parties will cooperate in setting
a plan to localise the manufacturing and sustainment of parts of the S-400 air
defence system," SAMI said.
The two countries also agreed on the production in Saudi
Arabia of the Kalashnikov automatic rifle and its ammunition as well as
educational and training programmes for Saudi nationals.
"These agreements are expected to have tangible
economic contributions and create hundreds of direct jobs," the company
said.
They "will also transfer cutting edge technologies
that will act as a catalyst for localising 50 percent of the Kingdom’s military
spending."
Rosoboronexport, Russia's state-owned arms exporter, had
no immediate comment on the agreements.
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