| Date: |
16-02-2012 |
| Subject: |
India Imports 25% of Russian Weapons |
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Moscow—According to a report released by Novosti Press, Russia has ranked 2nd biggest global arms exporter. The report quoted head of the Federal Service for Military-Technical Cooperation Mikhail Dmitriyev as saying that Russia sold $13.2 billion worth of weaponry to foreign customers in 2011.
The main buyers of Russian military equipment in 2011 were India (25%), Algeria (15%) and Venezuela (10%).
“We planned to sell $11.5 billion worth of weaponry, but we did better than that by selling $13.2 b,” Dmitriyev said.
The share of combat aircraft in exports was 50%, equipment for Ground Forces – 25%, naval equipment – 11%, and air defence system – 10%, the official said.
With a current arms exports portfolio of over $40 billion, Russia is planning to sell $13.5 billion worth of weaponry in 2012, Dmitriyev said.—PPA
Source : pakobserver.net
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