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Sunday, May 11, 2008

Russia plans to diversify arms exports in future - govt. official

Russia, one of the world's leading arms exporters, is planning to expand the variety of weaponry and military equipment sold on global markets, a government official said on Friday.

Russia has almost doubled annual arms exports since 2000 to almost $5 billion last year, becoming the world's second-largest exporter of conventional arms after the United States.

The most popular types of weaponry bought from Russia are Su- and MiG-family fighters, Mi-family helicopters, main battle tanks, armored personnel carriers and infantry fighting vehicles.

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