Indonesia to Get $400 Mln Arms Credit from Russia

RIA Novosti - 12/21/2012

Russia’s Vnesheconombank (VEB) will provide Indonesia with a total of $399.5 million in credit to finance purchases of aircraft and related equipment from Russia’s state-run arms export company Rosoboronexport. The credit will be provided for a seven-year term, Rosoboronexport said. This is the second credit agreement between VEB and Indonesia’s Finance Ministry in the past two years.

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