Interest rate on mortgage proposed by US ambassador is “quite great,” according to Sutin.
PUBLISHED: 4 Jul 2024 at 14: 33
Defence Minister Sutin Klungsang confirmed on Thursday that the US embassy had provided him with information on a loan request that would allow the air pressure to purchase additional F-16 fighter planes, but the present had a high interest rate.
Mr. Sutin claimed that Robert Godec had suggested a loan may allow the air pressure to purchase a ship of F-16s rather than four to five at once, but that the interest rate was “quite high.”
The air pressure has been looking at ordering either new F- 16s or SAAB Gripen fighter jet from Sweden as soon as it can begin replacing 12 aging F-16s in its ships.
Mr. Sutin argued that Thailand’s use of unsecured loans to purchase fighter jet was unusual. He claimed that the traditional method was to spend using the federal budget.
He claimed that the ambassador’s discussions next Thursday did not include the possibility of a discount or barter trade, adding that the latter would be challenging to obtain in the context of a fighter jet.
He claimed that the adviser informed him that Washington was prepared to move the maintenance technologies that the atmosphere force demanded and that the F-16s could be integrated into the air force’s data link system.
According to Mr. Sutin,” They said their jets are better to other jet in terms of advancements and power, and are the most suitable choice at this time.”
The air pressure is reportedly looking to spend 19 billion pounds on four new fighter planes to begin replacing a few outdated F-16s that are scheduled to expire soon.
Srettha Thavisin, the prime minister, previously stated that the US ambassador had sent him a written plan, but that many details needed to be discussed, including his demand for mutual and similar US investment in Thailand.
The prime minister was briefed on Sweden’s plan to buy as many as 12 Gripen fighter jet at a meeting next month with Saab AB president Marcus Wallenberg.
Sources said before the Swedish company’s offer was said to contain offers for military training and maintenance, as well as replacing sensor devices in its Saab 340 first warning plane.