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Tuesday, July 19, 2011

Ukraine sold $1 billion worth of weaponry in 2010

T-72 Main Battle TankUkraine's arms exports in 2010 reached almost a billion dollars with the bulk of weaponry sold to African countries, the Kommersant-Ukraine newspaper said on Monday.

"The portfolio of contracts signed by state-run arms exporter Ukrspetsexport increased in value from $799.5 in 2009 to $956.7 billion [in 2010]," the paper cited data released by the State Service for Export Control.

The leading buyers of Ukrainian weaponry are Sudan and the Democratic Republic of Congo. Ukraine sold a total of 250 T-55 and T-72 tanks to both countries.

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