Turkey has sought a loan to buy S-400 missile system from Russia, Rostec Corporation CEO Sergey Chemezov said in an interview.
"Turkey’s officials express a wish to get a loan, but the issue is pending so far. The Ministry of Finance is conducting negotiations – as soon as an agreement is signed and the loan amount is determined, we’ll then sign a supply contract for S-400 and so on," Sergey Chemezov said during an interview with Russia 24 news channel aired on Tuesday.
Turkey had first shown interest in the missile system in October last year. "As for missile defense, work is continuing. We are negotiating on S-400 not only with Russia, but with other countries that have similar systems. Russia's position on this issue now is positive," Turkish Defense Minister Fikri Isik had said in an interview with Turkey's NTV broadcaster.
"We hope that NATO member states would take this seriously, and our system will be compatible with the alliance's requirements. But we do not in any way reject the Russian proposal, and are actively working on it. Our ultimate goal is to manufacture these systems at home," Isik had said.
Even though there are possibilities of contradictions with NATO that may arise in the case of purchasing S-400 missile systems from Russia, the Turkish president’s spokesman Ibrahim Kalin said that he "does not see in this regard any problems or negative aspects."
"Besides, there are examples when some NATO countries are using these systems.
We know about them. The issue of compatibility is easily solved at the technical level," he was quoted as saying by TASS in February this year.
In 2013 Turkey had attempted buying Chinese T-LORAMIDS air defense system from China Precision Manufacturing Import-Export Corp (CPMIEC) for $3.44 billion.
The Russian bid for the S-300 system was disqualified terming it twice more expensive. Other bidders included consortium of US companies Raytheon and Lockheed Martin, maker of the Patriot system, and the European Eurosam, maker of the SAMP-T.
After its NATO partners strongly objected, Ankara eventually abandoned the Chinese missile system procurement and decided to build on its own air defense system. NATO was against the Chinese buy as it would expose alliance information to China. Turkey had countered the argument with China willing to part with technology transfer and would eventually help Turkey in its home production.
Turkey is likely to discuss the purchase of Russias advanced S-400 antiaircraft missile systems at a session of the High-Level Russian-Turkish Cooperation Council, held in March. "The talks are continuing on the S-400
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Turkey has agreed to pay US$2.5 Billion for four Russian-made S-400 missile defence system marking the end of a quest by Ankara to procure a missile defence system first from its NATO ally, US and later from China
Russia and Ankara have agreed on the delivery of S-400 long-range air defense missile systems but the issue of loan provision is still be finalized. "The contract has been agreed and everything is understandable there but the issue of a loan, funds has not been settled yet," Russian Presidential Adviser for Military and Technical Cooperation Vladimir Kozhin was quoted as saying by Tass at the 8th International Maritime Defense Show in St
While technical specifications of the S-400 'Triumf' Anti-aircraft Missile System have been discussed between Russia and Turkey, the contract itself is yet to be clinched. "We, as providers, demonstrate the needed technical and technological level of this production to be delivered, and that is the talks main point," Rostechs CEO for International Cooperation and Regional Policy Viktor Kladov was quoted as saying by TASS
Russia has reiterated selling S-400 missile systems to India and Turkey. Russian President Vladimir Putin in a meeting with the press Thursday, said “Russia is ready to supply S-400 surface-to-air missile systems to Turkey
Ankara and Moscow have reached an agreement on the purchase of S-400 missile defense systems and price negotiations are underway before the final signing of the deal, Turkish Foreign Minister Mevlut Cavusoglu said. “We have agreed in principle with Russia for the purchase of S-400 missile systems
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