VOL. XXXV
NO. 28
13-APRIL-1992
Saudi Arabia
Saudis Inject 1.5bn into al-Yamamah Defense Deal
Saudi Arabia has signaled that it is prepared to enter into the al-Yamamah 2defense equipment procurement agreement with the United Kingdom by making a1.5bn ($2.6bn) cash payment towards the purchase of more military equipment.British Prime Minister John Major announced the Saudi move on 4 April, which hewelcomed as a boost for the British economy. The major beneficiary of this newround in Saudi weapons...
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