Thai navy to seek approval to buy its first 3 submarines

July 1, 2016 12:22 PM

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BANGKOK – Thailand's defense minister says its navy will seek Cabinet approval to purchase its first three submarines.

Prawit Wongsuwan, who is also deputy prime minister, said Friday the submarines will cost 36 billion baht ($1 billion) in total, with payments to be made over 10 years. He said the first of the Chinese-made Yuan class S26T submarines will be purchased out of the 2017 budget.

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