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Volume of Russian Arms Exports May Increase to $20Bln Annually - Medvedev

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The volume of exports of Russian arms could potentially increase from $17 billion to $20 billion annually, Russian Prime Minister Dmitry Medvedev said... 15.12.2016, Sputnik International

2016-12-15T09:48+0000

2016-12-15T09:58+0000

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Volume of Russian Arms Exports May Increase to $20Bln Annually - Medvedev

09:48 GMT 15.12.2016 (Updated: 09:58 GMT 15.12.2016)

© Sputnik / Pavel Lisitsyn / Go to the mediabankSelf-propelled artillery vehicle with a Sprut-SD anti-tank gun during the demonstration of military hardware at the Ninth International Exhibition of Arms, Military Equipment and Ammunition in Nizhny Tagil

Self-propelled artillery vehicle with a Sprut-SD anti-tank gun during the demonstration of military hardware at the Ninth International Exhibition of Arms, Military Equipment and Ammunition in Nizhny Tagil - Sputnik International

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The volume of exports of Russian arms could potentially increase from $17 billion to $20 billion annually, Russian Prime Minister Dmitry Medvedev said Thursday.

MOSCOW (Sputnik) – Earlier in October, Anatoly Punchuk, the deputy director of the Russian Federal Service for Military-Technical Cooperation (FSMTC) stated that Russia's portfolio of arms export orders currently totals about $52 billion.

"The worth of weapons we export is around $17 billion. Potentially, this figure could reach $20 billion," Medvedev told Russian television channels.