Rosoboronexport sales topped $8.6 bln in 2010 - general director
MOSCOW. March 9 (Interfax-AVN) - Russia sold over $8.6 billion worth of weapons abroad in 2010, Anatoly Isaikin, the general director of the Russian arms exports monopoly Rosoboronexport, said at a press conference at the Interfax main office on Wednesday.
"We exceeded the level of $8.6 billion in 2010, when our enterprise marked ten years from its establishment," Isaikin said.
Rosoboronexport has been increasing its sales by $500 million-$700 million annually in the past ten years, Isaikin said. In particular, its sales grew from $2.1 billion in 2001 to $7.4 billion in 2009.
Rosoboronexport cooperates with more than 70 countries, Isaikin said. India, Algeria, and China buy up to 60% of the entire amount of weapons and military hardware sold by Russia, he said.
It is also actively developing its military-technological cooperation with Venezuela, Vietnam, Indonesia, Syria and other countries, he said.