Equador's Defense Minister Javier Ponce Correa said his country looks forward to signing an arms deal worth $ 200 million with Russia. I.in a statement broadcast on Russian television, aired today Ponce said Ecuador was holding talks with Moscow on strengthening its armed forces with a USD 200 million loan. He stressed that Russia's is a long standing ally to his country in the field of defence, and "assumes an important position in the local defense industry, besides Brazil".(QNA)
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