The Philippines is now taking a look at authorized steps to recuperate the almost P2-billion deposit it made for 16 helicopters from Russia following the termination of the billion-peso deal between the 2 nations.
Defense Secretary Gilbert Teodoro stated the division’s authorized workforce was now wanting into one of the best authorized means for the nation following the P1.9-billion down fee made, as reported on GMA’s “24 Oras Weekend” on Sunday.
To recall, the Department of National Defense (DND) in August 2022 introduced the cancellation of the procurement of 16 Mi-17 heavy-lift helicopters from Russia price P12.797 billion.
Then-DND spokesperson Director Arsenio Andolong stated the cancellation was resulting from “changes in priorities necessitated by global political developments” regardless of the P1.9-billion down fee made.
This got here as nations, together with the United States, applied sanctions on Russia whereas a number of firms boycotted the nation following its invasion of Ukraine.
For its half, the United States stated it might lengthen $100 million in international navy financing to the Philippines following the termination of the take care of Russia. — Jon Viktor Cabuenas/DVM, GMA Integrated News
Source: www.gmanetwork.com
