Press review: Trump to ease up on Moscow's democracy and Russia goes on gold-buying spreePress Review April 26, 13:00
MiG-31 interceptor jet crashes in RussiaMilitary & Defense April 26, 12:41
Russian court upholds house arrest of ex-economy ministerBusiness & Economy April 26, 12:39
Putin unwilling to publicly forecast ruble dymanicsBusiness & Economy April 26, 12:30
Kremlin comments on French top diplomat’s statement on use of sarin gas in SyriaRussian Politics & Diplomacy April 26, 12:21
Defense chief notes NATO moving its military infrastructure closer to Russia’s ArcticRussian Politics & Diplomacy April 26, 11:52
Lavrov warns of consequences in deploying US global missile defense systemRussian Politics & Diplomacy April 26, 11:43
Top diplomat claims France has evidence proving use of sarin gas in IdlibWorld April 26, 11:34
Russia’s FSB chief says Islamic State holding talks on uniting with other terror groupsRussian Politics & Diplomacy April 26, 11:12
MOSCOW, February 6. /TASS/. Contract potential of Russian weapons supplies to Egypt totals over $2 billion, experts say.
"Nowadays, any country that is willing to pursue an independent foreign policy clearly defines for itself that its air space needs protection," Igor Korotchenko, head of a Russian think tank in charge of analyzing the world arms trade, told a news conference on Friday.
Egypt is "interested in creating a reliable system of air defense as precision weapons, cruise missiles and strike aviation are chiefly used in modern wars," he said.
"Egyptian military top brass have made a number of purchases and consider a possibility to buy modern Russian air defense systems and surface-to-air missile systems," Korotchenko said. "Our state-of-the-art air defense systems surpass considerably the US analogues. That’s why Egypt conducts strategic investment in its security for the coming 30 to 40 years."
At the same time, the expert said that Russia’s supplies to Egypt were underway.
"Taking into consideration a delicate component of this type of cooperation, certainly I will not elaborate on the item identification or on the number of sealed deals but I can say that a common portfolio of potential contracts totals over $2 billion, according to experts’ estimates," he said.