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Home Ministers

Russia has signed arms agreements worth several billion

by John Stewart
21/08/2022
in Ministers
Reading Time: 2 mins read
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Photo: Depositphotos

Director of the Federal Service for Military-Technical Cooperation Dmitry Shugaev spoke about the agreements.

According to him, over $16 billion worth of new arms contracts were signed in the first half of 2022. DOPs with reference to RIA News”.

Dmitry Shugaev noted that this provided the current portfolio level of $57 billion.

Head of State Vladimir Putin also spoke on the topic of cooperation today.

During his speech at the Army-2022 forum, the President of the Russian Federation stated that the Russian side stands for the broadest, most comprehensive development of military-technical cooperation. He believes that now, in the conditions of a steadily emerging multipolar world, this is especially important.

He also stated that Russia highly appreciates the fact that it has many allies, partners, like-minded people on different continents.

“These are states that do not bend before the so-called hegemon. Their leaders show a real masculine character and do not bend. They choose a sovereign, independent path of development, they want to collectively resolve issues of global and regional security on the basis of international law, mutual responsibility and consideration of each other’s interests, thereby contributing to the protection of a multipolar world,” he added.



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