Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result

Turkey cancels multi-billion-dollar missile deal with China

bySahar
17/11/2015
in Uncategorized
Share on FacebookShare on Twitter

ANKARA: 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.

The deal was cancelled,” the official from Prime Minister Ahmet Davutoglu´s office told AFP. “One of the main reasons is that we will launch our own national missile project,” added the official.

You might also like

Google opens office in Pakistan to accelerate nation’s digital economy

18/08/2026

PPL announces gas and condensate discovery in Sindh’s Sujawal

18/08/2026

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 Import-Export Corporation (CPMIEC) to finalise a contract worth $3.4 billion (3 billion euros).

Turkish government sources said an official announcement was expected next week. A second Turkish official said the issue of technology transfer was one of the major stumbling blocks in negotiations with the Chinese company.

“They refused to give what we demanded,” the official told AFP, without elaborating. “The talks were blocked at some point.”

Related Stories

Google opens office in Pakistan to accelerate nation’s digital economy

byCT Report
18/08/2026

ISLAMABAD: Prime Minister Shehbaz Sharif today officially inaugurated Google’s office in Pakistan, marking a major milestone for the nation’s rapidly...

PPL announces gas and condensate discovery in Sindh’s Sujawal

byCT Report
18/08/2026

ISLAMABAD: The state-owned Pakistan Petroleum Limited (PPL) announced a “pioneering” gas and condensate discovery from its operated exploratory well, Dolphin...

FBR holds ceremony to honour officers nominated for national civil awards

byCT Report
18/08/2026

ISLAMABAD: The Federal Board of Revenue (FBR) held an in-house ceremony at its headquarters to acknowledge the outstanding contributions of...

SECP clears 13th public offering of 2026 as Naya Nazimabad REIT heads to PSX

byCT Report
18/08/2026

KARACHI: Pakistan’s primary equity market extended its most active stretch in years Tuesday, as the Securities and Exchange Commission of...

Next Post

Tesla Motors Inc. in talks with Germany over possible battery factory

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.