2 Jul 2012 17:23

Russian arms exports topped $6.5 bln in H1 2012 - Putin

SOCHI. July 2 (Interfax) - Russia's arms exports have topped $6.5 billion already this year.

"Russia's arms exports in the first half of 2012 topped $6.5 billion, up 14% compared to the first half of 2011," Putin told the Military-Technical Cooperation Commission.

This positive trend must be maintained, he said.

The annual arms exports have more than doubled over the past seven years, increasing from $6 billion in 2005 to more than $13 billion in 2011," he said.