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Russia bags $570 million Mig-29 fighter deal from Myanmar

  • 12:00 AM, December 30, 2009
  • 3717
Russia bags $570 million Mig-29 fighter deal from Myanmar
Russia bags $570 million Mig-29 fighter deal from Myanmar Russia has signed a contract to deliver 20 MiG-29 fighter planes to Myanmar according to media reports. The value of contract was $570 million (400 million euros). According to sources the Russian offer beat one by China that offered Myanmar "ultra-modern J-10 and FC-1 fighters on very advantageous conditions. Russia delivered 12 MiG-29s to Myanmar in 2001. "It is the largest contract to deliver fighters of this type after the breaking of a similar transaction with Algeria in 2007", according to sources.
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