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Monday, March 07, 2011

Turkish defense exports to Mideast unaffected by revolts

F-16 Fighting FalconAs popular uprisings sweep through the Middle East and North Africa, Turkey’s arms trade with the region will continue to march on steadily, according to Ankara’s export planners.

Turkey’s total arms exports amounted to $832 million in 2009, according to the country’s procurement office. The agency expects up to $1.5 billion in defense exports this year.

Just when Turkey’s local industry thought it caught a niche in several Middle Eastern markets, the region began to shake with popular revolts, but Ankara's export planners say "it is business as usual."

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