Deal for Russian S-300, local T-90 production etc.. seems to be dropped for HQ-9, MBT-3000 local production and other equipment as China was willing to sell on credit whilst Russia wasn't. Or they dropped the S-300 for the HQ-9 and they're going ahead with local T-90 assembly/production (still unclear).
http://bmpd.livejournal.com/2284910.html
Details of a possible arms deal between Iraq and China
November 27th, 0:02
Our blog has already reported about the possible purchase by Iraq of the Chinese anti-aircraft missile system of medium and long-range FD-2000. Resource « East Pendulum » in the article « l'Irak prépare un contrat de 2.5 of Md USD avec la Chine? » Provides further details of the story.
For example, the overall size of the package of contracts between Iraq and China reached US $ 2.5 billion. Part of this money is a government loan. It is noted that although Iraq's Russia was a candidate number 1 and had planned to put the seven battalions of S-300, as well as proceed with the project assembly in Iraq (Basra) T-90S tanks. Russia's refusal to provide financial resources forced the Iraqis to turn to the Chinese side. Iraq's Council of Ministers must approve the selection in 2017 of advance payment of $ 833 million., Followed by a contract with the Chinese will come into force. Chinese export tank VT-4 (c) eastpendulum.com
In addition to air defense weapons package contract includes the supply of Iraq VT-4 tanks and other armaments for the army and the Iraqi police. Supplier will perform NORINCO Corporation and export company Poly Technologies. Representatives of the first of them took part in a meeting with the Iraqi government July 13, 2016, during which discussed the restoration of the Iraqi defense industry.
The first buyer VT-4 tanks became Thailand, which had had a favorable impression of the car, despite the relatively high price of $ 5 , $ 4 million. for the tank. This tank is also being tested in Pakistan.
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