BUENOS AIRES, June 18 (RIA Novosti, Yuri Nikolayev) - Peru is set to sign an agreement on aircraft repairs with Russia, Peruvian President Alejandro Toledo said. According to him, the agreement on repairs and modernization of Russian-made aircraft of the Peruvian army will be signed on Tuesday. At the initial stage, $7 million will be allocated for this purpose, Toledo added.
The president said he intended to ask the Russian government to lend four helicopters for the period of repair works.
Peru is Russia's traditional partner in the military-technical sphere in Latin America. Peru was the first South American country to start military cooperation with the Soviet Union. The Peruvian army has Mi-8 and Mi-17 helicopters, Su-20 and Su-22 strike fighters and MiG-29 fighters.
The majority of aircraft needs modernization and repairs as well as replacement in the future.
According to expert estimates, the modernization and repairs of the aircraft cost some $250 million.
