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Russia export of military products to increase four-fold by 2020

MOSCOW, December 12, 21:05 /ITAR-TASS/. Russian Deputy Prime Minister Dmitry Rogozin is sure that Russia’s export of military products will grow four-fold by 2020 to reach 50 billion dollars a year.

“I don’t doubt that we can increase it,” he told reporters on Thursday. “The problem is not to hold the second place but to decrease the gap in the volume between the first and the second place,” he said.

“Discounting inflation, I am sure we will be able to reach the target of 50 billion dollars annually by 2020,” the deputy premier said.

Speaking at the presentation of the Annual Golden Idea National Prize in Moscow on Wednesday, Rogozin said Russia rates world’s second for the export of products of military purpose.

“Now that the volume of our arms export increased many times and Russia is firmly the world’s second biggest arms exporter, we can say that the Federal Service for Military-Technical Cooperation is most important to pursuing this line [at the strengthening of cooperation with other countries], as this line is not only technical and not only military-technical,” he noted. “Trade in arms, in sensitive technologies, in what can do harm is impossible with enemies. Trade in arms is possible only with friends or partners,” he said.

The deputy premier holds that the promotion of interests and advance of products of the Russian defence industry is most important to development of Russia’s relations with other countries.

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