Russia has sold weapons to the $48 billion

Domestic exporters of arms and military equipment to perform all the promises to foreign partners. Despite Western punishment, Russia to increase its portfolio.

The Director of the Federal service for military-technical cooperation Alexander Fomin said: despite the fact that for the last month around the world have formed a difficult geopolitical situation and relations of the Russian Federation with the countries of the European Union and the United States worsened, it had no impact on trade relations in terms of weapons. Exporters from Russia perform its own contractual obligations to foreign partners.

Alexander Fomin said that Russia recently even expanding its portfolio of applications, informs "Russian news service". This is due to the decisions of fresh contracts on deliveries of Russian military equipment.

Fomin said that at the moment the portfolio of applications is about $ 48 billion. This he said at the ongoing Africa's international conference in scale exhibition of arms and military equipment Africa Aerospace and Defence - 2014. In addition Fomin said that in the portfolio weapons orders main volume, almost 39 billion, accounts for the "Rosoboronexport".

In addition, he stressed that Russia will not rest on our laurels and will likely continue to gain momentum. The portfolio have to get new contracts, it is a daily work, added Fomin.

sections: Economics