http://www.adnkronos.com/AKI/English/Security/?id=1.0.1695739583
 

Serbia: Iraq buys $230 million worth of weapons





Belgrade, 21 Dec. (AKI) - Serbia has signed a deal to export weapons and
military equipment to Iraq worth 230 million dollars, defence minister
Dragan Sutanovac told Belgrade television late on Thursday.

Sutanovac said that the delegation of the Iraqi defence ministry visited
Serbia on two occasions in recent months and the deal was signed with the
state military trade company Jugoimport SDPR. 

He didn't specify which weapons had been sold to Iraq, but Serbia produces
only light arms and ammunition in the Zastava weapons factory in Kragujevac,
100 kilometres south of Belgrade. 

The former Yugoslavia had a strong military industry located in several
republics before its breakup in 1991. The value of military exports then
exceeded two billion dollars annually. 

Production was halted by the disintegration of the country, however, and
only small segments are still operating in Serbia, Croatia and Bosnia. 

The Zastava weapons factory suffered serious damage during the 1999 NATO
bombings, but production resumed several years later. 



 



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