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2010 November 3   14:32

Rosoboronexport’s portfolio of orders at over $30bn

The portfolio of orders of Rosoboronexport State Corporation is more than $ 30 billion. Such data was voiced at a meeting with the Rosoboronexport’s management by Russian Prime Minister Vladimir Putin, the government press service reported.
 
According to Mr. Puting, in ten recent years the state corporation has sold products worth over $60 billion. Year-on-year sales increase by the Corp. reaches $500 - $700 million. Overall, since 2000 the Russian arms exports surged almost 2.5 times. The company focused on market expansion conducts trades with 85 countries worldwide.
 
"I want to emphasize that the work of Rosoboronexport, as in the general the activities of Russia in the sphere of military-technical cooperation, is carried out in strict accordance with our internal Russian legislation and international law, international law, with the existing non-proliferation regimes. We consider all potential security risks in the regions where we supply the weapons, and are very attentive to the existing balance of forces. We never take such steps that could disrupt this balance. For us, this is a principled stand, we followed the rule and will continue to", said Mr. Putin.
 
As Mr. Putin said Russia must exclude from the market those dishonest rivals, “who are trying to appropriate our arms brands”.

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