Brazil Hopes to Ink Pantsir-S1 Air Defense Deal With Russia by Mid-2015

Brazil and Russia could sign a contract on the delivery of Russian Pantsir-S1 air defense systems to the Latin American country as early as in the first half of 2015, Brazilian Ambassador to Russia Antonio José Vallim Guerreiro said on Wednesday.

“We hope very much that the contract will be signed this semester because the discussions are very advanced… Signing the contract is going to be a very important achievement,” Guerreiro said in an exclusive interview with RIA Novosti.

The potential arms purchase by Brazil, which includes three Pantsir-S1 batteries of up to 18 units, is estimated at $1 billion, according to Russia's Kommersant business daily.

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