Moscow, Jan 23: Russia sold a record $15.16 billion worth of weaponry in 2012 to countries including India, Myanmar, Vietnam, Venezuela and in the Middle East, a federal military agency has said.
"The volume of arms exports has reached $15.16 billion, according to preliminary calculations, which means that our plans have been fulfilled by 111.8 percent," said Alexander Fomin, chief of the Federal Military-Technical Cooperation Service (FSMTC).
In 2011, Russia reported arms sales of $13.2 billion, enough to maintain its position as the world's second-biggest arms exporter after the US.
"In the past 10 years, we have seen a general increase in exports, which have tripled since 2003," Fomin said.
Latest World News
