The Bulgarian Prime Minister, Boyko Borisov, has reportedly negotiated a deal for the supply of 500 MT-LB armoured vehicles to Iraq.
According to a report from the Bulgarian Telegraph Agency (BTA), the deal was sealed on Thursday in the presence of Iraq's Acting Minister of Defence, Sadun al-Dulaymi Minister, (Sadoun al-Dulaimi), at the Hemus 2012 International Military Equipment Exhibition.
The vehicles have a price tag of EUR 300,000 each, making the deal worth EUR 150 million.
The Prime Minister said that the MT-LB armored vehicles had been produced in Terem's plants in Targovishte and one MT-LB would shortly be sent to Iraq for tests.
(Source: Sofia News Agency)