Russia sets arms sale record above $15 bn
- After Fali Nariman, former SC judge questions Lokpal selection process
- TRS wonât merge, Congress readies to walk alone in both Andhra and Bihar
- Flanked by Paswans, Modi sells âN(Development)Aâ
- Gadkari âproposalâ for Raj: Donât put up candidates for LS
- CBI to look into DLF high-rise plan near Rashtrapati Bhavan
The world's number two arms exporter Russia said it had sold a record $15.2 billion in weaponry last year while expanding its list of clients to more African nations.
"The export volume of military products reached USD 15.16 billion," news agencies quoted Federal Service for Military-Technical Cooperation chief Alexander Fomin as saying.
"Our plans have been fulfilled by 111.8 per cent."
Fomin said the figure was preliminary and would be updated by early February.
Russia trails closely behind the United States in world arms exports and has expanded its sales by 46 per cent in the past two years.
Its contracts reached $13.2 billion in 2011 and $10.4 billion in 2010 figures reliant heavily on military ties with India and China.
Fomin said Russia's new list of 2012 clients included Ghana and Oman as well as Tanzania.
- Russia tightens grip in Crimea, West threatens ‘consequences’
- Heavy patrolling in Sector 23 after thief leaves daring note
- Difference of opinion between Patil and UT’s senior standing counsel led to his resignation
- Commissioner to look into shady land deals in 35 villages: High Court
- Class X maths exam easy for some, tough for others
- Panchkula MC approves budget of Rs 39 crore