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Turkey to launch own missile project, cancels China's multi-billion-dollar deal

Turkey to launch own missile project, cancels Chinas multi-billion-dollar deal
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Turkey has cancelled a multi-billion-dollar deal with China to build its first anti-missile system that had alarmed Ankara’s allies in NATO, a Turkish official said on Sunday.

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Turkey has cancelled a multi-billion-dollar deal with China to build its first anti-missile system that had alarmed Ankara’s allies in NATO, a Turkish official said on Sunday.

“The deal was cancelled,” the official from Prime Minister Ahmet Davutoglu’s office said.

“One of the main reasons is that we will launch our own national missile project,” added the official. The news came as Turkey hosted key Western allies including US President Barack Obama but also Chinese leader Xi Jinping for the summit of G20 top economies in the Mediterranean resort of Antalya.

Turkey entered negotiations in 2013 with the China Precision Machinery Export-Import Corporation to finalise a contract worth $3.4 billion. French-Italian consortium Eurosam and US-listed Raytheon Co had also submitted offers but the government had prioritised talks with the Chinese company, which raised serious concerns over the compatibility of CPMIEC’s systems with NATO missile defences.
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