This article is included in these additional categories: Asia - Central | Germany | Issues - International | Issues - Political | Other Corporation | Policy - Procurement | Rumours | Submarines
Report: German Submarine Deal With Pakistan Goes Quiet
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U-214 SSK(click to view full) Dubai’s Khaleej Times relays a Der Spiegel report that Germany has approved a sale to Pakistan of 3 top-of-the-line Type 214 diesel-electric submarines with Air-Independent Propulsion. An export financing credit of EUR 1 billion euros ($1.36 billion equivalent) has reportedly been offered. The catch? No contract. Contract negotiations were dragging […]
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