Bank Of Baku

Russia, Egypt seal preliminary arms deal worth $3.5 billion

Russia, Egypt seal preliminary arms deal worth $3.5 billion
# 17 September 2014 16:38 (UTC +04:00)

Baku – APA. Russia and Egypt have reached a preliminary deal for Cairo to buy arms worth $3.5 billion (£2.1 billion) from Moscow, Interfax news agency quoted the head of a Russian state arms agency as saying on Wednesday, Reuters UK ‎reported.

 

Speaking during an arms trade exhibition in South Africa, the head of the Federal Service for Military-Technical Cooperation, Alexander Fomin, did not give further details.

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