US EditionPutin praises Russian military exports despite Western pressure
Putin said Russian military exports earned over $15 billion last year, expanding to more than 30 countries despite Western sanctions and complex conditions, boosting Moscow's global influence.
- On Jan 30, President Vladimir Putin praised Russia's military export record at a Kremlin meeting, stating `Russian production of military goods was supplied last year to more than 30 countries and the amount of foreign exchange earnings exceeded $15 billion`.
- Pressure from Western countries intensified to slow or block business ties, but Putin said export contracts were `on the whole being honoured consistently` despite these attempts.
- Russia has boosted relations with military administrations in Mali and Burkina Faso, while Wagner mercenaries were deployed in 2018 to fend off rebels in the Central African Republic.
- Its newly reelected president, Faustin-Archange Touadera, invited Putin to visit this month, as African partners showed readiness to expand military and military-technical cooperation.
- Operating amid Western pressure, Russia's defence sector said it faces `complicated conditions` while cultivating ties with a string of African countries as key prospects.
22 Articles
22 Articles
Russian President Vladimir Putin stated that Russia's revenues from the arms industry exceeded 15 billion dollars and announced that the country plans to "significantly increase" the volume of its exports, Euronews reported this evening.
Russian budget revenues have collapsed and spending on war is on the rise.
Russia's economy is groaning under war and sanctions. In 2025 Putin had to push through tax increases. Now even plans for higher social security contributions are being discussed. Moscow's financial needs now threaten to make a drastic step necessary.
Vladimir Putin said that Russia's revenues from its arms industry exceeded $15 billion and announced that Russia was planning to "increase considerably" the volume of its exports.
According to Russian President Vladimir Putin, Russia was successful in the field of the military industry last year. "Over the past year, Russian military products were delivered to more than 30 countries around the world. The amount of foreign currency revenues exceeded $15 billion (12.6 billion euros)," he added.
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