Russian arms export portfolio at the beginning of 2011, accounting for $ 38 billion

Russia at the beginning of 2011, has a portfolio of export of arms and military equipment worth $ 38 billion, told reporters on Wednesday the head of Rosoboronexport Anatoly Isaykin.

"Export portfolio of weapons and military equipment to Russia at the beginning of 2011 was $ 38 billion," — he said, noting that 60% of exports go to India, China and Algeria. In total, according Isaikina, last year in this area were made more than 1,300 contracts with foreign countries.

He clarified that the order book is intended to include contracts, 90% of which are already in force.

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