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Turkey: Armenians, $45 billion ultimatum to Washington

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  • Turkey: Armenians, $45 billion ultimatum to Washington

    ANSAmed - Italy
    March 4, 2010 Thursday 12:31 PM CET

    TURKEY: ARMENIANS; $45 BILLION ULTIMATUM TO WASHINGTON

    ANKARA


    (ANSAmed) Ankara threatened to cancel defense contracts totaling $45
    billion with American companies if today the Foreign Affairs Committee
    of the U.S. House of Representatives will pass a critical resolution
    for the recognition of Armenian genocide claims. Daily Vatan describes
    the Turkish warning as "economic ultimatum" adding that Vatan reports
    that the CEOs of five US companies sent a letter to US congressmen to
    highlight the hazards of the genocide resolution. They stressed that
    the approval of the resolution would jeopardize exports totaling $10
    billion.

    Vatan says that despite the warnings, the Foreign Affairs Committee
    was expected to approve the controversial resolution. Vatan gives
    details about the companies campaigning in support of Turkey. Boeing:
    THY has ordered 35 passenger planes. In the next 20 years, THY plans
    to make deals with Boeing worth $21 billion. Raytheon: The company
    holds talks with Turkish officials for the establishment of missile
    defense systems to Turkey. The US government has announced that Turkey
    could buy equipment worth $7.8 billion. Northrop Grumman: Turkey gives
    $11 billion support to the Joint Strike Fighter project. Lockheed
    Martin: Turkey has signed $2.9 billion deal for the purchase of 50
    F-16 jets. The company also carries out a modernization project in the
    Turkish Air Forces worth $635 million. United Technologies: Sikorsky
    is one of the most powerful candidates for meeting the needs of the
    Turkish army for 109 helicopters. If the company makes a deal with
    Ankara, the helicopters will be produced in Turkey.

    Vatan says that despite the warnings, the Foreign Affairs Committee
    was expected to approve the controversial resolution.

    Yesterday, as Vatan reported, Turkish President Abdullah Gul phoned US
    President Barack Obama to reiterate Turkish concerns about the
    genocide resolution to be discussed today at the Foreign Affairs
    Committee of the U.S. House of Representatives. According to the
    daily, Gul asked the US administration to step in and block the
    resolution. Gul warned that the approval of the resolution would harm
    the normalization process initiated between Turkey and Armenia and
    that strategic partnership between Turkey and the US would suffer a
    heavy blow.
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