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Serbia May Buy Russian MiG Fighter Jets, Defense Minister Says

April 29 (Bloomberg) -- Serbia is considering the purchase of Russian-made MIG-29 combat aircraft and radars, Defense Minister Aleksandar Vucic said.

“We are considering such a purchase for financial reasons,” even as Serbia has “excellent relations” with NATO, Vucic told reporters during a visit to neighboring Croatia.

The Blic newspaper reported last week that the Balkan country may spend $150 million on six new jets to improve its air defense.

To contact the reporter on this story: Misha Savic in Belgrade at msavic2@bloomberg.net

To contact the editor responsible for this story: James M. Gomez at jagomez@bloomberg.net

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