Russian President Vladimir Putin said that Russia in 2016, already has exported arms and military equipment for $4.6 billion.
At the meeting of the Commission for military-technical cooperation, he noted that the portfolio of orders exceeds $50 billion, the press service of the Kremlin.
Putin recalled that the Russian weapons and equipment are in service in Europe, Asia, Africa, Middle East and Latin America. Meanwhile, Putin demanded “to further improve the efficiency of military-technical cooperation, to act in this area more clearly and in a coordinated manner”.
“We need to be prepared for the fact that the intensification of our efforts, of course, will exacerbate the competition”, — he admitted.
In March 2016, Putin said that the export of Russian military products at the end of last year amounted to $14.5 billion, He pointed out that “Russia retains the second place in the list of world leaders in the supply of arms and military equipment on global markets, and to ensure a separation from the next countries.” In the first place in sales of weapons in the world — the United States.
