Rosoboronexport to export over $13 bln worth of arms in 2015

Russia's state arms trader Rosoboronexport plans to export over $13 billion worth of arms in 2015, Rostec Corporation's general director, Sergei Chemezov, told reporters on Monday.

"Rosoboronexport delivered more than $13 billion worth of weapons to foreign countries last year. We plan to export over $13 billion in arms this year, as well," Chemezov said.

Conflicts in the Middle East cause Russia's global arms sales to increase, he said, adding that weapons are bought to guarantee national security, not to attack. "Weapons are bought to maintain peace," Chemezov said.

He also said that Russian arms exports have been growing "irrespective of the sanctions."

No arms are delivered massively to Europe, or the United States which introduced anti-Russian sanctions, he said. The main arms markets are Latin America, Middle East, India and China, Chemezov added.

Rosoboronexport's stock of orders is estimated at $38.5 billion, he said.

Latest news: Russia's major projects with Western partners continue despite sanctions - Rostec chief

All rights reserved by Rossiyskaya Gazeta.