Erdogan regime makes its first payment for S-400 missile system after being granted $400 million loan by the World Bank

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September 12th, 2017 – Fort Russ News –

– – – translated by Samer Hussein –

The head of the Turkish regime Recep Tayyip Erdogan yesterday said Ankara made its first payment for the installation of the Russian S-400 missile defense system, according to Turkish Hurriyet newspaper. 

Yesterday, Turkey’s Treasury announced that the World Bank has lent $400 million loan to the country as part of the Resilience, Inclusion and Growth Development Policy Financing (RIG-DPF) program.

The total value of the contract is estimated at $2.5 billion.

For his part, Vladimir Kogan, a senior adviser to the Russian President Vladimir Putin on affairs involving military and technical cooperation, said Russia and Turkey signed an agreement to export Russian S-400 missile system to Turkey.

“The S-400 is one of the most advanced and complex missile systems with a range of technical means. I can guarantee that all decisions regarding the contract were made in full accordance with our strategic interests. In light of this, we understand the reaction of a number of Western countries that are trying to put pressure on Turkey.” 

The S-400 Triumf system is an anti-aircraft surface-to-air missile system capable of carrying hypersonic missiles. Developed in the 1990s, it has been in use since 2007. It is often regarded as “one of the best air-defense systems available.” 

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