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Title : China, Thailand Working Through Submarine Deal
link : China, Thailand Working Through Submarine Deal

China, Thailand Working Through Submarine Deal

BANGKOK --- Thailand's Deputy Premier Prawit Wongsuwan said on Tuesday the Thai navy's procurement of three Chinese-built submarines is currently in the coordinating process for a government-to-government purchase deal.

Prawit, who is concurrently the defense minister, declined to tell how soon the coordinating process for the submarines purchase deal will be completed but confirmed that a regular budget for the navy to procure the first of the three Yuan-class S26T subs within this year has already been earmarked and approved for current fiscal

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year.

His comments followed speculation that the issue would have been brought up during Tuesday's cabinet meeting.

The budget for the purchase of the first Yuan-class sub had already been approved by the Thai government and the National Legislative Assembly, according to the deputy premier.

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