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Turkey, Russia sign agreement on loan for S-400 systems purchase

December 29, 2017, 13:27 UTC+3

The contract on the acquisition of S-400 systems exceeds $2 bln, according to Rostec CEO

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© Mikhail Japaridze/TASS

ANKARA, December 29. /TASS/. Turkey and Russia signed a loan agreement for the purchase of S-400 Triumf anti-aircraft weapon systems, Haberturk TV channel announced on Friday.

Turkish President Recep Tayyip Erdogan said on September 12 that Ankara had signed an agreement with Moscow on the acquisition of S-400 systems, and also made a deposit for them. General Director of state corporation Rostec Sergey Chemezov said on November 2 that the contract exceeds $2 bln.

S-400 Triumf is a long-range anti-aircraft missile system, adopted in service in 2007. It is intended for the destruction of aviation, cruise and ballistic missiles, including medium range, and can be used against ground targets.

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