Bank Of Baku

Russia’s 2010 arms sales total $10 bln

Russia’s 2010 arms sales total $10 bln
# 14 December 2010 19:57 (UTC +04:00)
Baku-APA. Forecasts indicate that Russia has sold $10 billion worth of arms and military equipment this year, Deputy Prime Minister Sergei Ivanov said on Tuesday, APA reports quoting RIA Novosti.
"According to even the most conservative estimates, the export of military products in 2010 - to more than 60 countries - will exceed $10 billion," he said.
Last year’s sales came in at $8.5 billion.
No crises or changes in the world order or even sanctions could affect the "creative activity" of Russian arms manufacturers, Ivanov said.
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