Turkey may cancel highly controversial missile project

Turkey may cancel highly controversial missile project

There is increasing speculation that Turkey may cancel its highly controversial project to build long-range air and missile defense systems (T-Loramids) with the China Precision Machinery Import-Export Corporation (CPMIEC) - which is under US sanctions - as pressure has mounted on the NATO-member country not to go ahead with a non-NATO system that will not be interoperable with the alliance's air defense network, Today's Zaman reported.

Well-informed sources in Ankara told Today's Zaman that Turkey is expected to spend a few more months in contract talks with China before canceling the project entirely.

"Turkey will not immediately cancel the project but will instead build a case to cancel the project entirely. Turkey has been told by NATO from the very beginning of its selection of CPMIEC that the Chinese system will not be operable with the alliance air defense network," a source said.

In the meantime, Turkey has been continuing contract negotiations with CPMIEC to co-produce long-range missiles based on China's HQ-9 systems.

A defense industry source earlier told Today's Zaman that the results of the ongoing preliminary talks with China are to be submitted to Prime Minister Recep Tayyip Erdoğan for evaluation later this month.

NATO, the US and a few other countries have continued to put pressure on Turkey over its September selection of CMPIEC's HQ-9 missile systems over rival offers from Franco-Italian Eurosam's SAMP/T and US firm Lockheed Martin and Raytheon's PAC-3, citing the interoperability as well security problems that will occur between HQ-9 and the NATO air defense systems.

Ankara says CPMIEC's $3.4 billion high technology offer, that it believes will enable Turkey to coproduce the missiles and thus build a strong national defense industry, played a critical role in the Turkish selection of China. Turkey says it will begin contract talks with other foreign bidders -- second runner Eurosam and the third runner LM/Raytheon -- in the tender if negotiations with the Chinese company fail.

However, Turkey has begun to feel the heat over its selection of a Chinese system.

Bank of America Merrill Lynch dropped its bid to broker the public offering of Turkey's military electronics company ASELSAN on the grounds that NATO-member Turkey is holding negotiations with CPMIEC.

CPMIEC is under US sanctions for selling items to Iran, Syria and North Korea that are banned under US law to curb the proliferation of weapons of mass destruction.

US sources in Ankara earlier told the local media that US companies will find it hard to cooperate with some Turkish defense companies due to the Turkish selection of Chinese missiles and concerns that some confidential information in their dealings with the Turkish companies may fall into the hands of CPMIEC.

Iran's propane gas exports shrink
Iran's propane gas exports shrink
Turkey’s export of grains, legumes to Iran jumps
Turkey’s export of grains, legumes to Iran jumps
Iran's polyethylene exports rise
Iran's polyethylene exports rise
Loading Bars
European Commission makes statement on TAP
Russia’s Federal Air Transport Agency allows flights from Irkutsk to 3 countries
President Ilham Aliyev: I think we need to be more active in order to try to build bridges
ADB focuses on renewable energy projects in Georgia
US eyes to continue negotiations on direct flights with Georgia
Bank of Georgia discusses revised outlook for country’s economic growth in 2021
Anabechdi company plans to produce textile in Georgia
Georgia to receive significant funds from IMF
Azerbaijan reveals 2M2021 data lending to energy, chemistry, natural resources sector
Georgian E-Space company looks to export its software
Death toll from coronavirus pandemic in Iran exceeds 65,000
Amount of Georgian bonds held by foreign investors up
JSC "Georgian Railway" reveals financial indicators for 2020
Uzbekistan, Russia discussing joint projects on aircraft construction
Iran's propane gas exports shrink
Armenia committed ecological terror during occupation of Azerbaijani lands - Ecology ministry
India, EU reiterate commitment to democracy, freedom and respect for human rights
Bangladesh: Multinational military exercise 'Shantir Ogroshena 2021' concludes
Turkey’s export of grains, legumes to Iran jumps
PM Modi to inaugurate virtual Raisina Dialogue, 50 countries to participate
US to support Georgian farmers, small business owners through agrotourism
External merchandise trade down in Georgia
New buildings of Turkmen Turkmenbasy, Senagat banks opened
Turkey's 1Q2021 export of chemical products sees increase
Iran's polyethylene exports rise
Georgia assists new ferroalloy enterprise in Terjola through "Produce in Georgia" program
Azerbaijan issues data on compulsory non-life insurance for Feb.2021
Foreign currency demand of Azerbaijani banks rebounds
Azerbaijan's revenues from customs duties increase
Azerbaijan's Feb.2021 lending to agriculture grows
Azerbaijani Customs Committee increases transfers to state budget for March 2021
Air France-KLM prices capital hike at 4.84 euros per share
Value of Uzbekistan's 1Q2021 import of Turkish ready-made clothes up
Volume of loaded, unloaded cargo in Iran’s Amirabad port decreases
Iran boosts pistachio exports
Azerbaijan to restore hydrological observation network in liberated Karabakh
Iran declares data on methanol exports
Iran ta launch several water and electricity facilities
Azerbaijan sees decrease in prices for gold, silver
Azerbaijan's Digital Trade Hub working on advancing business opportunities
Azerbaijani oil prices increase
Azerbaijan shares footage from Zangilan's Sarygyshlagh village (VIDEO)
Iranian currency rates for April 13
We cannot establish this interaction unilaterally – President Aliyev
We count on using Italian experience in developing agriculture on liberated territories – President Aliyev
From very first days of reconstruction, we invited Italian companies – President Aliyev
Baku Higher Oil School hosts opening ceremony of 2nd International Student Research and Science Conferences (PHOTO)
Italy is our very close friend and partner – President Aliyev
Conflict is resolved, and we need to look into future – President Aliyev
New Ambassador of Ukraine appointed in Turkmenistan
Georgia sees significant increase in COVID-19 cases
We need to concentrate on some elements, which can lead to future reconciliation - President Aliyev
Azerbaijan was conducting not just war of 21st century, but also war of new morality – President Aliyev
Azerbaijan was always interested in finding soonest solution to conflict – President Aliyev
Destructions on territories that we liberated are beyond our worst expectations – President Ilham Aliyev
We will never forget Khojaly genocide – President Aliyev
BlackRock in talks on Shikun & Binui investment
A lot of questions about post-conflict development remain - Azerbaijani president
Azerbaijani currency rates for Apr.13
Azerbaijani President Ilham Aliyev addresses conference at ADA University (PHOTO/VIDEO)
Turkey reveals 2M2021 data on ships received at Istanbul port
Transit of goods through Iran declines
China's 1Q2021 import of Turkish electrical goods up in value
Italian senator talks Azerbaijan's role in ensuring energy security of Europe
China's March trade surplus with United States at $21.37 billion
Oil prices climb on robust China data, Mideast tension
Outflow of job seekers from Turkey to Georgia surges
Iran says fuel trading at its energy exchange going smoothly
Japan's Osaka to report over 1,000 new coronavirus cases on Tuesday
Azerbaijani parliament speaker, Italian official discuss development of co-op
Soldiers were unprepared for war with Azerbaijan - ex-secretary of Armenian Security Council
China exports rise at robust pace in March, imports growth highest in four years
UN chief calls for 6 measures to finance recovery from COVID-19
Tehran to resume flights to London next month - Official
Slovak businessmen investing in infrastructure projects in Georgia's Tbilisi, Bakuriani
2,016 COVID-19 cases reported in Kazakhstan in past 24 hrs
Georgia to receive $111 million from IMF
Turkey’s current account gap widens to $2.6 billion in February
Credit Suisse cuts bonuses following Archegos loss
China extends crackdown on Jack Ma's empire with enforced revamp of Ant Group
Azerbaijani population’s demand for "Anti-Coronavirus" insurance product growing - Ateshgah Hayat
India approves Russia's Sputnik V COVID-19 vaccine
Turkey registers more than 54 560 new coronavirus cases
Yuri Gagarin image lights up Dubai’s Burj Khalifa
Korean battery makers rally after battery dispute settlement
Inventory of basic goods in Iran's ports increase
Eni Turkmenistan Ltd opens tender for provision of directional drilling services
Azerbaijan's Nakhchivan records industrial production value growth in 1Q2021
Azerbaijan's housing agency talks further plans on building residential complexes
Georgia not to cut economic growth forecast - Minister of Economy
Russia restricts air service with Turkey from April 15 to June 1
Iran, Afghanistan discuss bilateral ties, latest developments
Georgia faces third coronavirus wave - NCDC
Turkey welcomes Ramadan with tight measures against COVID-19
Operator of Kazakh Kashagan to hold open round-table on Marine Access Channels Project
Nvidia to directly challenge Intel with Arm-based 'Grace' server chip
New oil drilling platform activated in Turkmen sector of Caspian Sea
War Trophy Park to open for visitors in Azerbaijan’s Baku soon
Azerbaijani, Maldives FMs hold exchange views issues mutual interest
Uzbekistan discloses progress on construction of new plant of Navoiazot company
All news