RUSSIA'S ARMS SALES IN 2020 'SUCCESSFUL' DESPITE PANDEMIC


13/03/2021




Aslıhan DOĞRU -TDO- Despite the new type of coronavirus (Covid-19) pandemic, which has profoundly affected the entire world economy, Russia's arms exports in 2020 have not declined.

"We have successfully completed the year," Dmitriy Shugayev, head of Russia's Federal Service of Military-Technical Cooperation, said in a statement, noting that the order for arms sales stands at between $50 billion and $55 billion.

Russia's order on arms sales in 2019 amounted to $51.1 billion, while the country sold more weapons in 2020 than the previous year, despite the Covid-19 pandemic.

The defense sector, one of the most important sectors of the country's industry, was one of the few sectors that remained successful in 2020.


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