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Tuesday, July 03, 2007

Ukraine to sell its only submarine

The only submarine owned by Ukraine's navy will be put up for sale after a complete overhaul is finished, the Interfax-Ukraine News Agency reported on Monday.

Ukrainian Defense Minister Anatoliy Grytsenko said the vessel has been undergoing a major overhaul for the past 10 years, but the work will probably be completed at the end of 2007.

The vessel will then be exhibited around the world to attract potential buyers, the minister said.

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