Demand for Russian Arms Not Decreasing Despite Sanctions, Remains at $50-55Bln: Moscow

DUBAI (Sputnik) – In 2022, Russia became the most sanctioned country in the world, with more than 15,000 sanctions imposed by the US and its allies. The restrictions have targeted the country's finance sector, exports of energy, food and fertilizer, as well as its imports of high-tech products etc.
Sputnik
The demand for Russian military equipment abroad is not decreasing despite sanctions, with the portfolio of arms orders remaining at a level of $50-55 billion, Russian Federal Service for Military-Technical Cooperation chief Dmitry Shugaev told Sputnik on Monday, on the sidelines of the Dubai Airshow-2023 international exhibition.

"The export of military products was carried out in accordance with shipment schedules and agreements with foreign partners. In general, despite attempts to put pressure on our partners and discredit Russia, the demand for Russian military products is not decreasing. And we are confident that the export targets set for this year will be met," Shugaev said on the sidelines of the Dubai Airshow-2023, adding that Russia's arms order portfolio has remained at a consistently high level in recent years — $50-55 billion.

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According to Shugayev, small fluctuations are related with the dynamics of work with partners, in particular, with signed and executed contracts.
Moreover, he explained that the United Arab Emirates is interested in the entire range of Russian weapons and noted that the parties are holding consultations both on new deliveries and industrial cooperation.
The Dubai Airshow, one of the largest aerospace events in the world, is a showcase of the latest in commercial, military and executive aviation. It is held every two years at Dubai World Central Airport (DWC). The 18th edition of the Dubai Airshow is taking place from November 13 to 17.