Russian Uralvagonzavod (UVZ) scientific-research corporation has halted the deliveries of armoured vehicles to Iraq due to delayed payments last year, according to the UVZ`s 2015 annual report.
"In 2015, the UVZ Corporation stopped the shipping of the defense production to the No.356 customer (Iraq) due to delayed payments. The contracts signed with the No.012 (Algeria) and the No.356 (India) customers were implemented in strict accordance with the terms of the signed documents. The export sales of the UVZ’s defense production increased by 35% last year (compared to 2014)," TASS reported, citing the UVZ document.
According to the document, the UVZ Corporation implemented its obligations under the State Defense Order (Russian acronym: GOZ, Gosoboronzakaz) rearmament program to full extent last year. "In 2015, the company supplied spare parts to Russian Ministry of Defense and overhauled the customer`s vehicles in full," the document said.