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Saturday, December 22, 2012

Russia to finance Indonesian purchase of six Flanker fighter aircraft

Su-30MKM |Russia's Vnesheconombank (VEB) will provide Indonesia a total of $399.5 million in credit to finance purchases of six Russian-made Su-30MK2 Flanker multirole fighter aircraft and related equipment.

The equipment will be supplied by Russia's state-run arms export company Rosoboronexport.

The credit will be provided for a seven-year term, Rosoboronexport said.

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