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Thursday, April 17, 2008

Selling Weapons Again

Russia’s outgoing President Vladimir Putin is making an official visit to Libya on April 16-17. Libya plans to purchase Russia’s military hardware in the sum of almost three billion dollars. Respective contracts have been prepared on the threshold of Putin’s visit to Libya. However, it is not ruled out that the contract because of Libya's debt.


Putin is visiting Libya on the invitation from the leader of the Libyan revolution, Muamar Kaddafi. Russia’s Finance Minister, Aleksei Kudrin and the Director of Russia’s major defense export enterprise Rosoboronexport, Anatoly Isaikin, are traveling to Libya with Putin, the Vedomosti newspaper reports will not be signed due to the problem with the Libyan debt.

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Once again Putin is trying to sell twenty year old weapons to another country. Since Brazil, and other african countries turned them down, its nice to see that someone is cooperating with Russia. Oh Wait! Libya might be in way to much debt to even pay the 3 billion dollars this will cost. But in actuallity the planes are up-to-date and could be semi-decent fighters. This could help stabalize Russia's economy more, but I doubt the deal will go through.
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