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S. Korea to pay $500 million for Russian aircraft

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Thursday, February 8, 2001

TOKYO — South Korea plans to procure Russian jets and helicopters to help offset a $1.8 billion debt owed by Moscow.

Officials said the issue was discussed in current talks in Seoul between Russian and South Korean defense officials. The current round of talks is scheduled to end on Friday.

"During the four-day session, Korea will review information given by Russia over the latter's arms capability and integrated logistics support," South Korean Defense Ministry spokesman Brig. Gen. Yoon Il-Young said.

So far, officials said, Seoul is considering the purchase of transport aircraft, refueling planes, jet trainers and hovercraft. In all, South Korea is preparing to order $500 million worth of Russian systems. They said no decisions will be made before the end of the year.

In March, a South Korean delegation will tour Russian defense plants to review weapons being offered by Moscow. Last year, Seoul rejected a Russian submarine offer because the vessel did not meet South Korean standards.

Russia has so far given Seoul helicopters worth $366 million Moscow still owes Seoul $1.8 billion.

Thursday, February 8, 2001


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