Thailand has decided to postpone the purchase of three S-20 submarines, the export version of the Chinese Type 039A Yuan-class diesel-electric submarine, due to China's asking price, according to the Moscow-based Sputnik News.
The total of US$1 billion requested by China is far too expensive for the Royal Thai Navy to accept, according to its commander, Admiral Na Arreenich. "We fully realize how indispensable the submarine is to our national security," said Arreenich. "At the same time, our navy does not operate any submarines now."
Read the full story at Want China Times