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27 Mar, 09:42

Russia offer joint arms production in Latin America

"The main trend in arms and hardware production has shaped out today - strategic autonomy though the development of national defense industry," Rosoboronexport said

MOSCOW, March 27. /TASS/. Russia plans to develop projects with Latin American countries in joint design and production of firearms, unmanned aerial vehicles and precision weapons. Rosoboronexport said it plans to discuss the cooperation projects at LAAD 2025 show in Rio de Janeiro.

"The main aim of Rosoboronexport participation in LAAD 2025 is the discussion of technological cooperation with Latin American countries. The main trend in arms and hardware production has shaped out today - strategic autonomy though the development of national defense industry. Due to it, the share of projects in technology transfer on the global arms market will grow by 2030 95% to 40% of the total volume. In Latin America, we plan to develop joint design and production of firearms, drones, precision weapons, armor, aircraft and naval hardware," Rosoboronexport quoted its CEO Alexander Mikheyev as saying.

Russia is already building a plant to produce Kalashnikov rifles in Venezuela.

LAAD 2025 will be held on April 1-4.