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Israel to renovate Turkish tanks
Israel-Turkey, Economics, 7/11/2001

The Turkish Jeihan news agency said on Tuesday quoting well-informed sources that the American tanks of the Turkish land forces which are not less than 30 years old will be renovated by Israel.

The agency explained that the American "Winmax" company assigned the issue of renovating the said tanks to Israel but under the condition that the latter will get the necessary licensing..The sources added that the deal for renovating the tanks, estimated at $ 500 million will start as from the mid of next month and will be as a barter deal for the waters of the Turkish river Manfghat.

The political observers directed the attention that the Turkish military deals used to be postponed because of the economic crisis Turkey is facing were coincided with the visit of the Israeli defense minister Benjamin Bin Aleazer to Turkey on Monday.

Previous Stories:
  Turkish- Israeli negotiations on waters failed   (5/26/2001)
  Turkish- Israeli cooperation   (5/23/2001)
  Turkish waters sold for Israel   (5/22/2001)

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