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Rosoboronexport Targeted at Increase in Weapons Export
Russia’s armaments’ exporter Rosoboronexport is targeted at stepping up the export of weapons and combat vehicles. The 2008 amount will exceed $6 billion, pledged Rosoboronexport General Director Anatoly Isaikin.
Rosoboronexport continuously steps up the export of weapons, which worth grew from less than $3 billion in 2000 to $6.1 billion past year. No state in the world manifests the acceleration of military and technical cooperation of this extent, Isaikin said in the interview with Rossiyskaya Gazeta newspaper, specifying that they plan to surpass the 2008 amount this year.
India, China, Venezuela, Algeria, Iran, Egypt, Malaysia, Vietnam, Kazakhtan and Syria lead in terms of buying the weapons of Russia, the official said, adding that the annual worth of the global armaments market is estimated at between $45 billion and $50 billion.
In terms of Russia’s goods’ liquidity, the armaments yield only to gas, crude oil, ferrous and non-ferrous metals. What’s more, it is the sole high-tech segment of the country's export that is in line with the global level, Isaikin pointed out.
The current worth of Rosoboronexport order portfolio stands at around $20 billion, which is enough to ensure the operation of country’s defense and industrial enterprises in the nearest five to seven years, Isaikin said.
www.kommersant.com
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