MoneyAM MoneyAM
 Home   Log In   Register   Our Services   My Account   Contact   Help 
 Stockwatch   Level 2   Portfolio   Charts   Research   Share Price   Awards   Indices   Market Scan   Company Zone   Traders' Room 
 Funds   Trades   Terminal   Alerts   Heatmaps   News   Stock Screener   Forward Diary   Forex Prices   Director Deals   Investors' Room 
 CFDs   Shares   SIPPs   ISAs   Forex   ETFs   Videos   Comparison Tables   Spread Betting   Broker Notes   Shares Magazine 
You are NOT currently logged in

 
Filter Criteria  
Epic: Keywords: 
From: Time:  (hh:mm) RNS:  MonAM: 
To: Time:  (hh:mm)
Please Note - Streaming News is only available to subscribers to the Active Level and above
 


Germany ready to sell Eurofighter jets to Saudi Arabia  minister

ALN

Germany is ready to allow sales of Eurofighter jets to Saudi Arabia, Foreign Minister Annalena Baerbock said Sunday, having for years blocked arms deals with the Gulf kingdom.

Germany, Britain, Italy and Spain jointly build the jet and each can veto deals.

Berlin has blocked one deal, sought by London, since 2018.

‘We do not see ourselves, as the German federal government, opposing British considerations on other Eurofighter (sales),’ Baerbock told journalists on a trip to Israel, in which she highlighted the Saudi role in the Middle East security crisis since the eruption of the Israel-Hamas war on October 7.

Germany has blocked arms sales to Riyadh since the 2018 murder of dissident journalist Jamal Khashoggi in the Saudi consulate in Istanbul.

That includes blocking a deal for 48 Eurofighter jets signed by Saudi Crown Prince Mohammed bin Salman in London.

Baerbock noted that Saudi Arabia and Israel had ‘not renounced their policy of normalisation’ since war broke out.

‘The fact that Saudi Arabia is now intercepting missiles fired by the Huthis at Israel underlines this, and we are grateful for that,’ she added.

‘The fact that the Saudi air force also uses Eurofighters in this context is an open secret,’ the minister continued.

‘Saudi Arabia is a key contributor to Israel’s security, even these days, and is helping to stem the risk of a regional conflagration.’

Eurofighter Jagdflugzeug GmbH is owned by Airbus SE, BAE Systems PLC and Leonardo Spa, who all own a minority stake.

source: AFP

Copyright 2024 Alliance News Ltd. All Rights Reserved.