Thursday, 27 February 2014

Lebanon, France finalize arms deal: report


BEIRUT: Lebanon and France have finalized an arms deal as part of a $3 billion Saudi grant aimed at bolstering Lebanon’s military capabilities, according to a report published Thursday.


The local daily An-Nahar, quoting diplomatic sources in Paris, said the agreement would provide the Lebanese Army with weapons for land, air and naval defense.


Saudi Arabia has pledged $3 billion to buy weapons from France to help support the poorly-equipped Lebanese Army.


The short newspaper report did not specify the types of weapons ordered.


An-Nahar said the deal is expected to be announced during a March 5 international donors conference in Paris.


The conference, known as the International Support Group (ISG) for Lebanon, held its first meeting in New York in September.


ISG aims to coordinate strong international support for Lebanon in response to the unprecedented challenges posed by the Syrian crisis.



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