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Malaysia Urges Norway for Swift Refund on Canceled Missile Deal
Norway obliged to speed up refund for canceled missile deal – Malaysia
Image: Inquirer
Malaysia's Defense Minister Mohamed Khaled Nordin has called on Norway to expedite the refund process for a canceled missile procurement deal, emphasizing that Norway's refusal to approve an export license is the root cause of the issue. The Malaysian government estimates losses exceeding RM1 billion (approximately $224 million USD) due to this cancellation.
- 01Malaysia's Defense Minister stated that Norway's refusal to approve an export license for the Naval Strike Missile system is the core issue.
- 02Khaled Nordin estimated direct losses for Malaysia at over RM600 million (approximately $143 million USD), with total impacts exceeding RM1 billion.
- 03The Malaysian government is exploring alternative missile systems from countries like Italy, France, and the United States.
- 04Khaled emphasized that the issue raises concerns about the reliability of defense contracts and international agreements.
- 05Malaysia has accepted Norway's apology but insists on pursuing compensation and claims related to the failed procurement.
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Malaysia is pressing Norway to expedite a refund for a canceled missile procurement deal, with Defense Minister Mohamed Khaled Nordin asserting that Norway cannot escape responsibility due to its refusal to approve an export license for the Naval Strike Missile (NSM) system. During a recent meeting with Norway’s Defense Minister, Khaled highlighted that this decision led to significant financial losses for Malaysia, estimated at over RM600 million (approximately $143 million USD) directly, and more than RM1 billion in total costs. He urged Norway to facilitate the refund process, suggesting that the Norwegian government negotiate with the involved company rather than leaving Malaysia in limbo. Khaled also raised concerns about the implications of such governmental interventions on the reliability of international defense contracts. Malaysia is currently evaluating alternative missile systems from several countries, prioritizing those already in production to avoid lengthy delays. While accepting Norway's apology, Khaled emphasized that Malaysia will continue to pursue compensation for the losses incurred.
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The cancellation of the missile deal has significant financial implications for Malaysia, affecting its defense procurement and operational readiness.
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