Thailand Video News: Defence Minister to Meet Thai PM Over Submarine Deal (short)

[Video News]

 

 

Defence Minister to Meet Thai PM Over Submarine Deal:

Defence Minister Sutin Klungsang plans to meet Prime Minister Srettha Thavisin to discuss the controversial submarine procurement project. If approved, the proposal will be submitted to the Cabinet. The urgency stems from China's desire to conclude the deal, having invested significant time. Initially, Thailand aimed to buy three submarines from China for US$1.06 billion, but budget constraints reduced it to one for 13.5 billion baht. Issues arose over unavailable German engines, leading China to offer a domestic substitute. The Defence Ministry is now amending the contract to extend its term and change the engine type, pending final Cabinet approval.

[spidermike007]

Please, please let me have my toy. I desperately want to impress my friends, and the neighbors. My self esteem is low, and this will really help. 

[Purdey]

Seems they could have stopped the deal. The amount paid already is a sunk cost and they won't get it back so just take the savings from not concluding the deal and add it to the 10,000 baht project.