{"id":41144,"date":"2018-01-01T13:55:07","date_gmt":"2018-01-01T08:55:07","guid":{"rendered":"https:\/\/tns.world\/?p=41144"},"modified":"2018-01-01T13:55:07","modified_gmt":"2018-01-01T08:55:07","slug":"turkey-russia-sign-s-400-missile-system-loan-deal","status":"publish","type":"post","link":"https:\/\/tns.world\/?p=41144","title":{"rendered":"Turkey, Russia sign S-400 missile system loan deal"},"content":{"rendered":"<p><strong>ANKARA Jan 01 (TNS):<\/strong> Turkey and Russia have inked a loan agreement in Ankara for purchase of the S-400 missile defense system worth 2.5 billion U.S. dollars, a Turkish official told.<\/p>\n<p>Russia will provide Turkey with four batteries of S-400 surface-to-air missile system under the deal and the latter will pay 45 percent of the cost up front with Moscow providing loans to cover the remaining 55 percent.<\/p>\n<p>The two countries had reached an agreement for the purchase, but have been discussing on a loan provided by Russia.<\/p>\n<p>Turkish President Recep Tayyip Erdogan said Turkey will borrow the loan on Russian ruble, instead of U.S. dollar, so the debt will be cheaper for Ankara.<\/p>\n<p>&#8220;We will not borrow over dollar, we will borrow over rubles. The Treasury&#8217;s debt will be cheaper,&#8221; Erdogan told journalists.<\/p>\n<p>Purchasing on ruble, Turkey will save up to 3 percent of the total debt, he said.<\/p>\n<p>The first delivery of the S-400 missile system is scheduled to be accomplished in March 2020.<\/p>\n<p>The S-400 is Russia&#8217;s most advanced long-range anti-aircraft missile system and can carry three types of missiles capable of destroying targets, including ballistic and cruise missiles.<\/p>\n<p>Turkey is the first NATO member state to purchase the S-400 missile system.<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>ANKARA Jan 01 (TNS): Turkey and Russia have inked a loan agreement in Ankara for purchase of the S-400 missile defense system worth 2.5 billion U.S. dollars, a Turkish official told. Russia will provide Turkey with four batteries of S-400 surface-to-air missile system under the deal and the latter will pay 45 percent of the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":41145,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[135,19,26],"tags":[427,932,732],"class_list":["post-41144","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ankara","category-world","category-science-and-technology","tag-ankara","tag-international","tag-science-and-technology"],"_links":{"self":[{"href":"https:\/\/tns.world\/index.php?rest_route=\/wp\/v2\/posts\/41144","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tns.world\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tns.world\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tns.world\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/tns.world\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=41144"}],"version-history":[{"count":1,"href":"https:\/\/tns.world\/index.php?rest_route=\/wp\/v2\/posts\/41144\/revisions"}],"predecessor-version":[{"id":41146,"href":"https:\/\/tns.world\/index.php?rest_route=\/wp\/v2\/posts\/41144\/revisions\/41146"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tns.world\/index.php?rest_route=\/wp\/v2\/media\/41145"}],"wp:attachment":[{"href":"https:\/\/tns.world\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=41144"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tns.world\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=41144"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tns.world\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=41144"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}