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Russia sold record $15 bn worth of arms in 2012

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

India TV News Desk Updated on: January 23, 2013 13:01 IST


The FSMTC also said the quality of exported Russian military products has improved, though problems still remain, especially with poor after-sales services.



"We have been issuing fewer licenses to replace or repair exported products, which is an encouraging trend," Fomin said.

There have been controversies over the quality of Russia's defence-related products.

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