Iraq-Serbia Relations - Trade

Trade

In March 2008, Serbia signed a $235 million-dollar deal to export weapons and military equipment to Iraq. The deal included the delivery of 20 Utva Lasta aircraft to the Iraqi Air Force, all of which were delivered by early 2012. Information was presented by Serbia's defense minister Dragan Ĺ utanovac. The two nations also stated the wish to plan to bolster defense ties, which would possibly include joint weapons production.

Read more about this topic:  Iraq-Serbia Relations

Famous quotes containing the word trade:

    a highly respectable gondolier,
    Who promised the Royal babe to rear
    And teach him the trade of a timoneer
    With his own beloved brattling.
    Sir William Schwenck Gilbert (1836–1911)

    A nose, kind sir! Sure, Mother Nature,
    With all her freaks, ne’er formed this feature.
    If such were mine, I’d try and trade it,
    And swear the gods had never made it.
    Susanna Moodie (1803–1885)

    People run away from the name subsidy. It is a subsidy. I am not afraid to call it so. It is paid for the purpose of giving a merchant marine to the whole country so that the trade of the whole country will be benefitted thereby, and the men running the ships will of course make a reasonable profit.... Unless we have a merchant marine, our navy if called upon for offensive or defensive work is going to be most defective.
    William Howard Taft (1857–1930)