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Rosoboronexport: Russia to fulfill $15 bln weapons export plan in 2015 despite sanctions

About Isaikin said at the IDEX-2015 International Defense Exhibition in Abu Dhabi

Anatoly Isaikin Valery Sharifulin/TASS

Anatoly Isaikin

© Valery Sharifulin/TASS

ABU DHABI, February 22. /TASS/. Russia will fulfill its weapons export plan worth about $15 billion this year, despite western sanctions, state-run arms trader Rosoboronexport Chief Anatoly Isaikin said on Sunday.

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"The plan for the export of armaments worth about $15 billion this year will undoubtedly be fulfilled," Isaikin said at the IDEX-2015 International Defense Exhibition in Abu Dhabi.

"We outperformed our planned indicators under the program of military output deliveries last year and we’ll fulfill this year’s program as well," he said.

Russian President Vladimir Putin earlier said Russia had exported military hardware worth over $15 billion in 2014. He added that Russia had signed new contracts worth almost $14 billion.

Russia’s armaments exports in 2013 hit a record $15.7 billion in 2013 while new contracts worth $18 billion were added to its portfolio of orders.

The Russian exposition at the IDEX-2015 exhibition was organized by state-run hi-tech corporation Rostec.

Russian defense companies that are part of Rostec have brought over 700 exhibits to the Abu Dhabi defense show, including a full-scale specimen of the Khrizantema self-propelled anti-tank system and the export version of the Ratnik "future soldier" individual combat gear, which will be featured for the first time at the IDEX-2015 defense exhibition.

Other plans

Russia’s biggest arms trader, Rosoboronexport, said on Sunday it plans to increase considerably its portfolio of orders thanks to clients in the Middle East in the next three to five years.

"In the next three to five years, if we exert proper effort, we will supplement considerably our portfolio of orders in the United Arab Emirates and countries of this region," Sergei Goreslavsky, Rosoboronexport’s deputy director general, said at the IDEX-2015 exhibition.

He said the region’s market accounted for about a third of the company’s entire exports. "Naturally, there are the Indian and Chinese markets that also account for a considerable share. There are also markets of Latin America and Africa. The top priority task for us is to promote Russian hardware on these markets," he noted.

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