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Russian arms exports to reach 9 bln USD in 2011

08-18-2011 14:16 BJT

MOSCOW, Aug. 17 (Xinhua) -- Russia would export arms worth some 9 billion U.S. dollars in 2011, a leading Russian arms exporter said Wednesday.

Increased instability in North Africa and some other regions had generated interest in Russia-made weaponry, especially anti-aircraft systems, said Anatoli Isaikin, CEO of Russian Arms Export Corporation Rosoboronexport.

Russia also continued to supply Syria with arms despite the current complicated situation there, Isaikin told local media when he appeared at the 10th MAKS international air show near Moscow.

Rosoboronexport held orders worth over 36 billion dollars and had delivered arms worth 6 billion dollars in the first half of 2011, he said.

Isaikin admitted that Russian arms producers had suffered a setback in a 10-billion-dollar bid to sell 126 MIG-35 fighters to India this year. But he said the warplanes would find new buyers.

Russia sold 8.5 billion dollars worth of arms and equipment last year.

Editor:Wang Xiaomei |Source: Xinhua

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