Russia to increase arms exports by 11%December 7, 2011 - 12:15 AMT PanARMENIAN.Net - Russian state arms trader Rosoboronexport will increase arms exports by 11% year-on-year to $9.7 billion in 2011, a deputy head of the company said on Wednesday, December 7. “The figures will rise by about $1 billion compared to 2010,” said Viktor Komardin, who is also heading a Russian delegation to the LIMA-2011 arms show in Malaysia. He also said that the company had struck $9.5-billion worth of contracts last year. “This year we have signed more,” Komardin said. Rosoboronexport’s contract portfolio totals $36 billion at the moment, with about 1,500 deals signed every year, he said, RIA Novosti reported. Azerbaijani authorities report that they have already resettled 3,000 people in the Nagorno-Karabakh town of Stepanakert. On June 10, Azerbaijani President of Azerbaijan Ilham Aliyev will leave for Turkey on a working visit. Azerbaijani President Ilham Aliyev arrived in Moscow on April 22 to hold talks with Russian counterpart Vladimir Putin. Authorities said a total of 192 Azerbaijani troops were killed and 511 were wounded during Azerbaijan’s offensive. Partner news |