The China Mail - Swiss government eyes dropping purchase of US Patriot air defence system

USD -
AED 3.672499
AFN 64.000318
ALL 82.68029
AMD 368.119862
ANG 1.790403
AOA 917.000118
ARS 1474.492498
AUD 1.448551
AWG 1.8
AZN 1.70319
BAM 1.715275
BBD 2.014515
BDT 123.02835
BGN 1.69088
BHD 0.377119
BIF 2970.641759
BMD 1
BND 1.294218
BOB 6.912067
BRL 5.186097
BSD 1.000241
BTN 93.880701
BWP 13.593527
BYN 2.900919
BYR 19600
BZD 2.011585
CAD 1.41948
CDF 2269.999918
CHF 0.808402
CLF 0.023435
CLP 922.499291
CNY 6.80385
CNH 6.80254
COP 3436.33
CRC 454.120897
CUC 1
CUP 26.5
CVE 96.704174
CZK 21.277202
DJF 178.120998
DKK 6.55539
DOP 58.769103
DZD 133.250176
EGP 49.504601
ERN 15
ETB 161.263403
EUR 0.876901
FJD 2.266099
FKP 0.756718
GBP 0.757175
GEL 2.645021
GGP 0.756718
GHS 11.278044
GIP 0.756718
GMD 72.999807
GNF 8764.059725
GTQ 7.63095
GYD 209.335368
HKD 7.841805
HNL 26.762262
HRK 6.603105
HTG 130.728584
HUF 310.303504
IDR 17841.65
ILS 3.00205
IMP 0.756718
INR 94.35825
IQD 1310.26771
IRR 1375050.000069
ISK 126.290017
JEP 0.756718
JMD 157.530312
JOD 0.708988
JPY 161.685501
KES 129.460033
KGS 87.449752
KHR 4014.99704
KMF 434.00036
KPW 900.00035
KRW 1534.220159
KWD 0.30954
KYD 0.833556
KZT 485.307724
LAK 21954.438817
LBP 89573.137575
LKR 336.229088
LRD 182.200101
LSL 16.441492
LTL 2.95274
LVL 0.60489
LYD 6.420634
MAD 9.379032
MDL 17.734997
MGA 4230.669724
MKD 53.964975
MMK 2099.450161
MNT 3580.242389
MOP 8.08004
MRU 39.918437
MUR 47.709685
MVR 15.450101
MWK 1734.46298
MXN 17.453805
MYR 4.087803
MZN 63.893403
NAD 16.441492
NGN 1379.090084
NIO 36.808525
NOK 9.92666
NPR 150.211581
NZD 1.770205
OMR 0.384472
PAB 1.000285
PEN 3.41073
PGK 4.389446
PHP 61.29595
PKR 278.373232
PLN 3.760665
PYG 6104.908659
QAR 3.645931
RON 4.596902
RSD 102.924151
RUB 78.873599
RWF 1464.86285
SAR 3.756188
SBD 8.051953
SCR 14.044089
SDG 599.999845
SEK 9.71922
SGD 1.29346
SHP 0.746601
SLE 24.796076
SLL 20969.503664
SOS 571.66663
SRD 37.483006
STD 20697.981008
STN 21.486987
SVC 8.751743
SYP 110.532098
SZL 16.431845
THB 33.360122
TJS 9.257398
TMT 3.5
TND 2.96472
TOP 2.40776
TRY 46.623597
TTD 6.797662
TWD 31.870398
TZS 2623.85402
UAH 44.895745
UGX 3671.108656
UYU 40.151731
UZS 12014.822286
VES 620.752985
VND 26300
VUV 119.950905
WST 2.785497
XAF 575.287334
XAG 0.016906
XAU 0.000245
XCD 2.70255
XCG 1.802627
XDR 0.716453
XOF 575.284811
XPF 104.593392
YER 238.625022
ZAR 16.456815
ZMK 9001.195264
ZMW 18.017813
ZWL 321.999592
  • RBGPF

    0.0000

    61.3

    0%

  • CMSC

    -0.0410

    22.005

    -0.19%

  • NGG

    -0.6300

    82.79

    -0.76%

  • BCC

    0.4350

    80.195

    +0.54%

  • RIO

    -0.7050

    94.405

    -0.75%

  • BCE

    -0.1400

    23.06

    -0.61%

  • RELX

    0.3750

    31.295

    +1.2%

  • JRI

    0.2050

    12.785

    +1.6%

  • RYCEF

    0.7000

    18.7

    +3.74%

  • CMSD

    -0.1300

    21.8

    -0.6%

  • GSK

    0.3700

    52.26

    +0.71%

  • VOD

    0.0700

    13.93

    +0.5%

  • BTI

    0.1700

    62.65

    +0.27%

  • BP

    -0.6100

    37.11

    -1.64%

  • AZN

    3.4650

    189.145

    +1.83%

Swiss government eyes dropping purchase of US Patriot air defence system
Swiss government eyes dropping purchase of US Patriot air defence system / Photo: © AFP

Swiss government eyes dropping purchase of US Patriot air defence system

The Swiss government is considering dropping the agreed purchase of the Patriot air-defence system from the United States amid severe delivery delays, Defence Minister Martin Pfister said Wednesday.

Text size:

"Cancellation is alway an option in the event of a delay," he told the ATS-Keystone news agency.

Earlier Wednesday, the defence ministry announced it would continue suspending payments for the system "until the United States has firmly announced new delivery dates and payment deadlines".

Switzerland, which is not in NATO, had ordered five Patriot systems in 2022, with delivery scheduled to begin this year and to be completed in 2028.

But last July, the government said it had been informed by the US defense department that the deliveries to Switzerland would be delayed as Washington strived to provide more support for Ukraine.

Switzerland first suspended its payments for the system last autumn.

"We are still operating on the assumption that we will receive the delivery, but we don't know when," Pfister said, adding that the government was mulling various options.

"A possible cancellation is one of them, but we don't know the conditions," he said.

- Unauthorised payment -

Last week, the Swiss government said the United States had circumvented the freeze on its payments for the Patriot system by dipping into Swiss payments into the same fund but intended for its purchase of a fleet of F-35A fighter jets.

This manoeuvre was authorised, head of the Swiss armaments department, Urs Loher told Swiss media.

However, "if the fund's liquidity falls below a critical threshold, projects may be suspended or even abandoned in the event of a further decline", the Swiss defence ministry said in Wednesday's statement.

"This could affect not only the acquisition of the Patriot system but also the entire Swiss portfolio within the framework of the (Foreign Military Sales) programme with the United States," it warned.

The ministry noted that Washington had said it would inform Switzerland in the coming weeks about the next steps in the operation, delivery schedules and the costs and consequences of a potential interruption.

According to its statement, a recommendation on this matter will be submitted to the government "by the end of June, 2026".

In early March, Bern announced its intention to examine the acquisition of an additional long-range surface-to-air missile system, preferably manufactured in Europe, to complement the Patriot system.

Last month, the government also said that it now wanted to buy only 30 F-35A fighter jets, instead of the 36 ordered, after Washington last year hiked the price tag, citing high inflation and surging raw material and energy prices.

B.Clarke--ThChM