To: GraceZ who wrote (53156 ) 2/9/2006 8:53:25 AM From: shades Respond to of 110194 Russia's Arms Sales Hit Record $6.1B In 05 -Govt Official99 luftballons Grace - hehe - build more bombs and sell them - go capitalism! MOSCOW (AP)--Russia registered a post-Soviet arms sales record last year, exporting $6.1 billion worth of weapons, a top government official said Thursday. Mikhail Dmitriyev, the head of the Federal Service for Military and Technical Cooperation, said that Russia also has new weapons contracts totaling $23 billion. "These orders will be fulfilled starting in 2007, and our annual sales will exceed $7 billion starting in 2007," Dmitriyev said at a news conference. "That makes us optimistic about the future." Russia's arms exports in 2004 totaled $5.8 billion. The Soviet Union was exporting weapons worth an estimated $20 billion a year during the 1980s, but most were provided to Soviet allies on a credit or barter basis or even free of charge. Dmitriyev said that China and India last year remained the leading customers, together accounting for about 70% of Russian arms exports. He said that several southeast Asian nations have emerged as top clients. Indonesia and Malaysia have bought large quantities of Russian arms in recent years, and Vietnam has agreed to buy a license to build Russian missile boats worth $1 billion. In the Middle East, Russia intends to continue its military cooperation with Syria despite U.S. and Israeli criticism. "We have a good program for cooperation with Syria," Dmitriyev said. "That deals with repairs, modernization and supplies of new defensive weapons." Dmitriyev said that Russia also will fulfill a contract to provide Iran with Tor-M1 air defense missiles - a deal that has drawn strong U.S. and Israeli complaints. He said that Moscow wasn't negotiating any other weapons deals with Tehran. Demand was growing for Russian arms in Latin America, where Venezuela has emerged as an important customer, Dmitriyev said. Venezuela's recent purchase of 100,000 Kalashnikov rifles from Russia has angered the U.S., and Venezuelan President Hugo Chavez said he was considering the purchase of enough rifles to arm one million Venezuelans. BWAHAHA! While we have drone strike fighters blow up people! What a dork! I bet these rifles will wind up killing lots of innocents - so sad :( Asked about Chavez's recent statement that Venezuela might buy Russian MiG fighter jets, Dmitriyev said that talks on the issue hadn't reached a concrete stage yet. "If Venezuela wants to get MiGs, we are ready to cooperate," he said, adding that Russia also was ready to open a maintenance center for weapons supplied to Venezuela. Dmitriyev said that authorities last year had taken steps to expand sales of spare parts for Russian weapons and set up new maintenance centers for Russian weapons abroad. The slow delivery of spares and the absence of service centers have hampered Russian arms sales in the past. Dmitriyev said that Russia will open one or two service centers for its weapons in Vietnam, consider setting up one in China and expand an already existing center in Ethiopia. He also said that such centers could be set up in Jordan and Algeria. (END) Dow Jones Newswires