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Iraq buys jets: 24 fighter jets sold, South Korea company in $1.1 billion deal

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When Iraq buys jets, one can be sure it’s a matter of serious national security, and that’s precisely the case this week with a South Korea arms company selling a total of 24 light fighter jets to Iraq in a $1.1 billion deal. The elite and multipurpose fighters are reported to be the latest “insurance” the nation is using to bolster its defensive abilities and prepare to defend itself with some of the most reliant technology available from enemies. It was The Epoch Times that divulged the highlights of this arms exchange on Friday, Dec. 13, 2013.

The deal in which Iraq bought 24 jets from South Korea was a formal business transaction that took place between Korea Aerospace Industries and the Iraqi government. With the signing and sealing of the documents, the $1.1 billion deal was agreed upon by both parties. It appears that the fighter jets in question are the broadly used T-510Q aircraft model.

An official ceremony was held this Thursday morning in Baghdad to honor the exchange, cited the Iraqi government in a spokesperson’s statement yesterday. The jets are said to be a “highly advanced aerial fighter that is equipped with both machine guns and missiles” to help defend the nation from potential threats.

Having Iraq buying jets may not sound particularly new, but the 24 fighters account for the all-time biggest single sale for the South Korean company.

“It’s the biggest order in the history of South Korea’s arms exports,” a KAI spokesperson added on the $1.1 billion deal.

According to the news report, Iraqi Prime Minister Nouri al-Maliki called the signing “as a starting point” to better the overall performance of the national security forces in Iraq in order to better protect the country and stand as a known counter to terrorist groups.

“This deal is the beginning for increasing the performance of the defense and interior ministries in the field of defending the country and fighting terrorism,” Maliki said. “We have come a long way on the road to completing our air force, and we will continue in this direction to protect Iraq against any aggression.”

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