Russia's Arms Sales Amount to US$4.82 billion in 2002

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Last updated at: (Beijing Time) Friday, April 25, 2003

Russia's Arms Sales Amount to US$4.82 billion in 2002

Russia's arms sales in 2002 amounted to 4.82 billion US dollars, President Vladimir Putin said on Thursday.

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Russia's arms sales in 2002 amounted to 4.82 billion US dollars, President Vladimir Putin said on Thursday.

"That was 500 million dollars more than planned," Putin said ata meeting of a government commission on military-technical cooperation with foreign countries.

Aircraft export accounted for almost 70 percent of the total, he said, adding that army and naval armament exports also had good prospects.

Putin also called to broaden the range of exports, particularly the high-tech products, saying: "That should act as an incentive for the development of high-tech industries."

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