Putin: In 2016, Russia exported arms to $ 4.6 billion

Saturday, 9 July, 2016 - 01:15

In 2016, Russia supplied to export arms and military equipment to $ 4.6 billion. This was stated earlier by President Vladimir Putin at a meeting of the commission on military-technical cooperation between Russia and foreign states.

He added that the portfolio of export orders for Russian military equipment to more than $ 50 billion.

Domestic weapons and military equipment, according to the president, have proven to be effective. They are in service in Europe, Asia, Africa, the Middle East and Latin America.

"It is important - the president  said- that the geography of deliveries has consistently expanded and we are signing new intergovernmental agreements."