Russia Plans to Increase Arms Exports to $50Bln by 2020

Russia could quadruple its annual arms sales to $50 billion by 2020 in a race for the top spot on the global arms exporters list, a senior government official said Thursday. “Not counting inflation, I think we could reach $50 billion [in arms exports] annually by 2020,” Deputy Prime Minister Dmitry Rogozin told reporters in Moscow. “It is four times the current amount.”

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