Tagged: Middle East

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Chinese firm under U.S. sanctions wins Turkish missile deal

Man walks past the logo of China Precision Machinery Import and Export Corp at its headquarters in BeijingBy Ece Toksabay ISTANBUL (Reuters) – NATO member Turkey announced on Thursday it had agreed a $4 billion co-production deal for a long-range air and missile defense system with a Chinese firm hit by U.S. sanctions, rejecting rival bids from Russian, U.S. and European firms. The decision to take the FD-2000 from China Precision Machinery Import and Export Corp (CPMIEC) underlined the growing strength of China’s defense industry as well as Beijing’s political interest in the Middle East and Turkey’s increasingly independent line towards Western partners. …


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UN suspends food aid to Gaza

The UN is to again suspend distribution of food aid to Palestinians in the Gaza Strip because of fuel shortages, the UN Relief Works Agency (UNRWA) has said. The announcement was made several hours...