Libya Strikes Billion-Dollar Russian Arms Deal

MOSCOW — Libya has struck a deal to buy Russian arms worth almost two billion dollars, Russian news agencies quoted Prime Minister Vladimir Putin as saying Saturday. "Yesterday (Friday), a contract worth 1.3 billion euros (1.8 billion dollars) was signed. It does not only involve firearms", Putin was quoted as saying by Ria Novosti and Interfax. Putin was speaking following a meeting with the head of the Izhmash factory, which manufactures Kalashnikov rifles. Russian officials said early this week that negotiations were underway with the Libyan Defence Minister Younes Jaber in Moscow over the sale of Russian weapons.
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Posted by Editor at February 2, 2010 02:49 AM