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Russian Arms Export Tops $6Bn In 2005
Moscow, Russia (XNA) Jan 24, 2006 Russian exports of weapons totaled 6 billion U.S. dollars in 2005, rising by a half billion dollars from the previous year, Defense Minister Sergei Ivanov said on Wednesday. Ivanov, who is also deputy prime minister, was quoted by the Interfax news agency as telling President Vladimir Putin that while export volume increased, the geography of Russian arms exports arms also expanded. "We are now involved in military technological cooperation with 82 states," he said. Several large contracts were signed in December, bringing the total contract portfolio to 22 billion dollars for the next few years, Ivanov said. India is a major buyer of Russian arms, receiving about 40 percent of its exports. In November, Russia cut a 1-billion-dollar deal with Iran to supply it with Tor-M1 short-range missiles source: Xinhua News Agency Community Email This Article Comment On This Article Related Links The Military Industrial Complex at SpaceWar.com Learn about the Superpowers of the 21st Century at SpaceWar.com
EU Arms Flow To China Despite Ban
Brussels (UPI) Dec 13, 2005Despite the European Union's arms embargo against China, EU weapons manufacturers bagged $405 million worth of licenses to sell military goods to the communist state and exported a further $86 million of hardware in 2004, official figures obtained by United Press International show. |
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