Egypt has made an entirely new arms deal with the Soviet Union which may include aid to build up missile production and weapons of a more sophisticated nature than previously provided, it was learned today from Government sources. The arms deal is believed partly financed in a loan of $44,400,000 recently granted by Russia to Egypt. The loan was disguised as covering “development of industrial products.”
Specific details are not yet available in Washington on weapons involved, but it is believed that the new arrangement will not only cover equipment lost in Yemen by Egyptian forces, but new weapons, as well as more Soviet participation in the Egyptian rocket program. The new military agreement is the fourth major deal between Egypt and the Soviet Bloc since 1955. State Department sources said the news would not affect U.S. plans to extend new economic assistance and loans to Egypt.
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