MOSCOW – Russia has delivered over $10 billion worth of armaments and military equipment to Latin America since 2001, Rostec state corporation’s Director for International Cooperation and Regional Policy Department Victor Kladov said earlier this week.
According to Dmitry Shugaev, the head of Russia’s Federal Service for Military-Technical Cooperation, in 2016, Asia received 53 percent of Russian military exports, Africa was in the second place with 42 percent, followed by North and South America with 3 percent and Europe with 2 percent.
“Rostec is attaching special significance to promoting high-technology products in Brazil and [other] Latin American countries. Since 2001, over $10 billion worth of armaments and military equipment has been delivered to the region,” Kladov was quoted by Sputnik as saying.
Rostec brings together several holding companies, with electronics, aircraft and armament as the three chief specializations.