Israel to sell Croatia F-16s for $500m

Israeli and Croatian prime ministers Photo: Reuters

Prime Minister Benjamin Netanyahu and Croatian Prime Minister Andrej Plenkovic agreed to push forward with the deal at Davos.

Prime Minister Benjamin Netanyahu has completed his latest rounds of meetings in Davos and is flying back to Israel this morning. Last night he had a working meeting with Croatian Prime Minister Andrej Plenkovic and they agreed to push forward with the sale of Israel Air Force F-16 fighter jets to Croatia.

Israel and Croatia have had diplomatic relations for more than 20 years but so far trade relations have only focused on mutual tourism and some R&D projects in the chemicals, optical and other sectors.

The Prime Minister's Office (PMO) said that the sale of the F-16 jets will be within the framework of a tender. "This development is another expression of the deep ties between our two countries," the PMO said.

Sources close to the deal told "Globes" that the second hand F-16s will be worth about $500 million, subject to the terms of the tender.

Published by Globes [online], Israel business news - www.globes-online.com - on January 26, 2018

© Copyright of Globes Publisher Itonut (1983) Ltd. 2018

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Israeli and Croatian prime ministers Photo: Reuters
Israeli and Croatian prime ministers Photo: Reuters
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