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Monday, February 11, 2013

Saudi Arabia To Buy German Patrol Boats

Luerssen FPB 40 |Saudi Arabia is looking into buying patrol boats worth 1.5 billion euros ($2 billion) from a German firm, and appears to have won the Berlin government’s approval despite widespread public criticism of arms deals, a newspaper reported on Sunday.

The Arab kingdom was exploring a deal to buy the ships, each costing between 10 and 25 million euros, from Bremen-based dockyard Luerssen, Bild am Sonntag newspaper said.

Arms exports are a sensitive issue in Germany given the country’s Nazi past and the role arms makers like Krupp played in fuelling numerous 19th and 20th century wars.

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