US says it nears deal with Czech Republic over missile shield

History

The United States said Monday that it is nearing a deal with the Czech Republic to install a radar base in the country as part of the missile shield in the East Europe.

Negotiations with the Czech Republic over the missile shield could be wrapped up within days, said John Rood, State Department’s undersecretary for arms control and international security. As to negotiations with Poland, Rood said he is also optimistic. “Although there are still some important issues to be resolved in the negotiations, I don’t see any insurmountable obstacles,” he said.

The United States plans to base missile interceptors in Poland and radar units in the Czech Republic as part of a project to extend the missile defense system to Europe. The United States claims that the missile defense system is aimed at states and groups in the Middle East that are seeking weapons of mass destruction. Russia has voiced opposition over the plan and said the plan poses threat to its strategic interests. (people.com.cn)

Bamosz Investment Fund NAV Reaches HUF 15.624 tln in March Analysis

Bamosz Investment Fund NAV Reaches HUF 15.624 tln in March

Hungary Condemns Iranian Attack on Israel Int’l Relations

Hungary Condemns Iranian Attack on Israel

Share of 1st Time Home Buyers Climbs Residential

Share of 1st Time Home Buyers Climbs

Tribe Hotel Budapest Stadium Recognized at LIV Hospitality D... Hotels

Tribe Hotel Budapest Stadium Recognized at LIV Hospitality D...

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.