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Saturday, August 31, 2013

Russia Delays Arms Supplies to Syria over Money

MiG-29M/M2Russia is postponing supplies of fighter jets and S-300 missile defense systems to Syria because official Damascus failed to pay for them, Kommersant newspaper said Saturday.

The 12 MiG-29M/M2 jets that Russia agreed to sell to Syria will not be supplied before 2016-2017, the daily said, citing an unnamed source at Russian state arms exports monopoly Rosoboronexport.

Though the deal was sealed in 2007, shipping was delayed over technicalities and then put on hold because Syria has only paid Moscow 30 percent of what it owes for the jets, Kommersant said.

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