19 February 2013, 22:15

Russia may increase its arms exports by at least $15 bln - experts

Russia may increase its arms exports by at least $15 bln - experts

Russia will remain number two after the United States in the world hierarchy of arms exporters.

That’s the opinion of experts of the Dubai-based Institute for Near East and Gulf Military Analysis, one of the organizers of the IDEX-2013 Defense Exhibition and Conference under way in Abu Dhabi.

The Russian defense industry holds good market positions in Africa, Latin America and Southeast Asian markets, the think-tank said in an analytical report that reached ITAR-TASS.

According to the report, this year Russia's arms exports may exceed the 2012 levels by at least $15 billion in new contracts.

Voice of Russia, TASS

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