Russia signs military contracts worth 300 mln USD at defense exhibition
                 Source: Xinhua | 2018-08-25 03:58:30 | Editor: huaxia

People stand by the helicopter MI-28 at the Army-2018 International Military Technical Forum held in Moscow region, Russia, on Aug. 21, 2018. (Xinhua/Evgeny Sinitsyn)

MOSCOW, Aug. 24 (Xinhua) -- Russia's state-owned arms supplier Rosoboronexport has signed 15 contracts worth over 20.3 billion rubles (about 300 million U.S. dollars) at the ongoing Army 2018 defense exhibition being held in Kubinka near Moscow.

"The contracts included modern land forces' military equipment, unmanned aerial vehicles, electronic warfare systems, close combat weapons and many others," Rosoboronexport CEO Alexander Mikheyev said Friday.

He said "firm orders" were received from Asian and African countries and members of the Commonwealth of Independent States.

Due to U.S. sanctions on Russia, which have complicated settlements in dollars, Rosoboronexport is consistently moving away from the U.S. dollar to national currencies, he said.

People visit the Army-2018 International Military Technical Forum held in Moscow region, Russia, on Aug. 21, 2018. (Xinhua/Evgeny Sinitsyn)

Despite continued anti-Russian propaganda, Rosoboronexport conducted a series of successful negotiations with delegations from a number of European countries at the exhibition, he said.

Army 2018, which started on Aug. 21, will end on Aug. 26.

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Russia signs military contracts worth 300 mln USD at defense exhibition

Source: Xinhua 2018-08-25 03:58:30

People stand by the helicopter MI-28 at the Army-2018 International Military Technical Forum held in Moscow region, Russia, on Aug. 21, 2018. (Xinhua/Evgeny Sinitsyn)

MOSCOW, Aug. 24 (Xinhua) -- Russia's state-owned arms supplier Rosoboronexport has signed 15 contracts worth over 20.3 billion rubles (about 300 million U.S. dollars) at the ongoing Army 2018 defense exhibition being held in Kubinka near Moscow.

"The contracts included modern land forces' military equipment, unmanned aerial vehicles, electronic warfare systems, close combat weapons and many others," Rosoboronexport CEO Alexander Mikheyev said Friday.

He said "firm orders" were received from Asian and African countries and members of the Commonwealth of Independent States.

Due to U.S. sanctions on Russia, which have complicated settlements in dollars, Rosoboronexport is consistently moving away from the U.S. dollar to national currencies, he said.

People visit the Army-2018 International Military Technical Forum held in Moscow region, Russia, on Aug. 21, 2018. (Xinhua/Evgeny Sinitsyn)

Despite continued anti-Russian propaganda, Rosoboronexport conducted a series of successful negotiations with delegations from a number of European countries at the exhibition, he said.

Army 2018, which started on Aug. 21, will end on Aug. 26.

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