Russia, Sri Lanka in talks on credit purchase of Gepard 5.1 frigates

Russia is in talks with Sri Lanka on the credit purchase of Gepard-class Project 1166.1 frigates, the Gepard 5.1, Russia’s Federal Service for Military-Technical Cooperation (FSMTC) spokeswoman told Sputnik on Thursday.

“The delivery of the project Gepard 5.1 to Sri Lanka is planned on the basis of an intergovernmental agreement on providing a state export credit for its financing,” Maria Vorobyeva said.

She said the issue is being addressed with government bodies including the Russian Finance Ministry. (Colombo Gazette)