RF Prime Minister Vladimir Putin has signed a decree to turn arms dealer Rosoboronexport FSUE into a publicly owned joint stock company, press center of the RF Government informs.
Under the decree, the government's 100% stake in Rosoboronexport will be transferred to state high-tech corporation Rostekhnologii established by the Russian president's decree in November 2007 to promote the development, production and export of high-tech industrial products.
Rosoboronexport is the sole state intermediary agency for Russia’s exports/imports of defense–related and dual-use products, technologies and services. On November 4, 2000, the Rosoboronexport enterprise was set up by Decree No 1834 of the Russia President.