January 26, 2017 (UNIAN) Ukrainian MBTs (main battle tanks) for Thailand Arms exports remain an
important source of income for the Ukrainian defense sector. One of the major
export contracts is this year’s delivery of a final batch of Oplot main battle
tanks to Thailand. The deal is worth nearly $250 million.
Ukraine retains its status of one of the world’s TOP 10 arms exporters. According
to the State-owned Ukroboronprom Concern, over the past few years, the volume
of export contracts has increased significantly. Over the first 9 months of
2016 alone, the amount of the military equipment supplied abroad grew 20%,
worth almost $600 million, while the total amount of export contracts signed in
2016 was worth more than $1.5 billion. After the beginning of hostilities in
Donbas, fulfillment of international contracts for the sale of weapons has
ceased to become top priority.
Oplot MBT is the latest product of Ukraine’s armored industry. Photo
from UNIAN
The
main task for the Ukrainian government was to ensure combat capability of the
Ukrainian forces countering Russia’s military machine. However, arms contracts
are an important element of the overall income for the national defense
industry and the country’s state budget - a portfolio of international deals
provides billions of dollars of much-needed forex earnings for the national economy.
One of the most important and widely discussed deals in the package of
contracts is the supply of fifty Oplot main battle tanks to the Kingdom of
Thailand. For more than six years, Ukraine has been struggling to fulfill its
obligations.
Read more on UNIAN: http://www.unian.info/economics/1739862-ukrainian-mbts-for-thailand.html
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