Follow us on:   

Brazil, India, China boost Russian military deals
March 24, 2014, 12:03 pm


Russia is set to float a joint venture with  Brazil to co-produce Sukhoi T-50 fifth-generation fighter jets [AP]

Russia is set to float a joint venture with Brazil to co-produce Sukhoi T-50 fifth-generation fighter jets [AP]

Russian officials have said India and China continue to be among the top importers of Russian weapons and military equipment. A senior Russian government official said on Monday that Russia would float a joint venture with another BRICS member Brazil to co-produce Sukhoi T-50 fifth-generation fighter jets. Experts consider the plane comparable to the American F-22 Raptor.

The volume of Russia’s arms exports this year has topped the $2 billion mark, with outstanding weapons orders standing at $47 billion, said Alexander Fomin, the head of the Federal Service for Military-Technical Cooperation on Monday.

“As of today, Russia has supplied military products worth $2 billion to its foreign customers,” said Fomin.

Last year, Russia exported $15.7 billion worth of weaponry, up $2.5 billion from 2011, with plans to increase annual arms sales to $50 billion by 2020 in a race for the top spot.

Russian shipments accounted for 27 per cent of global arms exports last year, just behind the United States at 29 per cent, according to a report published last week by the Stockholm International Peace Research Institute (SIPRI). The Swedish think-tank also said India is the biggest arms buyer in the world, superseding China in 2010.

Among the major importers of Russian weapons and military equipment are India, China, Vietnam, Indonesia, Venezuela, Algeria and Malaysia.

Fomin, who was speaking ahead of a defense exhibition in Chile, said that Russia is prepared to negotiate contracts on a wide range of military and civilian products with its South American partners, including Beriev Be-200 amphibious aircraft, Irkut MS-21 mid-range jet airliners and regional Sukhoi Superjet-100s.

According to Fomin, Russia would also propose licensed production of technologies with Chile, a traditional buyer of US-made weapons.

“We are offering our Chilean partners a localization of production in their country, which is certainly a very beneficial aspect of our proposed contracts.”


Source: Agencies

3 Responses to Brazil, India, China boost Russian military deals

  1. Larry Shorter Reply

    March 24, 2014 at 2:41 pm

    Putin beware
    The US military and banking complex do not like you.
    Make sure you have security you can trust.
    The world needs you now giving the power elites the middle finger.

    • Braziliant Reply

      March 25, 2014 at 1:37 am

      Don´t worry about Mr Putin´s personal security, Larry. Killing its own President is a US compulsion, do not judge Russia for your North-American collective mental ilnesses . So as to the “middle finger” , again, that is American manners, Mrs Kagan-Nulland´s lessons on verbal diarhea are not welcome in BRICS . Always bear in mind that although BRICSIANS like myself will post to you in your language, we have diferent mindsets and manners. It is quite obvious can nevr speak a second language, small wonder, you are another self-centered Anglo obviously uncapable to grasp any other culture other than your own . So as to you “elite” , they seem to dislike you more than they dislike Mr Putin, to the point that you must ask Mr Putin to do what you are uncapable to do it yourself, like giving your elite your middle finger . Good luck with the looming collapse of your toilet paper currency, you are likely to need it, blessings from Rio de Janeiro. VIVA PUTIN ! VIVA PUTIN !

  2. brian Reply

    March 25, 2014 at 12:28 pm

    Larry, dont bring your anglo bad manners to the brics. Your so blinded by your govt that its making you think putin is their enemy yet he is their biggest threat. It has made all you forget how it is eliminating pple including your selves through many means but thats why u ll neva stop dying. Russia alone is enough to wipe the US off the earths map but not every country is shallow minded like yours. When this is over lets see who laughs last cz ur making the noise and russia is silent.
    Viva putin viva brics

Leave a Reply

Your email address will not be published. Required fields are marked *

Anti-Spam * Time limit is exhausted. Please reload the CAPTCHA.