Russian arms exports to increase by $800 mn in 2009

September 29th, 2009 MOSCOW - Trade between India and Russia could reach $10 billion in 2010, Russian Deputy Prime Minister Alexander Zhukov said Tuesday. "Trade is forecast to reach $8.4 billion in 2009, and we are able to...

September 13th, 2009 Venezuela gets $2.2B in credit for Russian armsCARACAS, Venezuela — Russia has opened a $2.2 billion line of credit for Venezuela to purchase weapons including armored vehicles and surface-to-air missiles, President Hugo Chavez said Sunday. Venezuela is buying more arms because it feels threatened by Colombia's decision to give U.S.

September 4th, 2009 MOSCOW - Indian President Pratibha Patil will meet Russian Prime Minister Vladimir Putin here later Friday for talks focusing on bilateral trade and energy. Patil held talks Thursday with her Russian counterpart Dmitry Medvedev.

September 3rd, 2009 MOSCOW - The presidents of Russia and India will discuss cooperation in trade, economics, science, nuclear power and space industry, at talks in Moscow later Thursday, a Kremlin source said. Pratibha Patil was invited to pay an official visit by Dmitry Medvedev and arrived Wednesday.

July 27th, 2009 NEW DELHI - Despite India's overall exports growth dipping considerably, exports from its special economic zones (SEZs) grew 50 percent during 2008-09, the government said Monday. "The value of exports made from SEZs during 2008-09 was Rs.99,689 crore against Rs.66,638 crore in the previous year, an increase over 50 percent," said Minister of State for Commerce and Industry Jyotiraditya M.

July 27th, 2009 NEW DELHI - India has seen an increase of 43.76 percent in its mango exports in 2008-09 as compared to the year before, a union minister said here Monday. "There was a drop in mango exports during 2007-08 due to quality deterioration on account of vagaries of weather, but in 2008-09 exports have picked up reflecting an increase of 43.76 percent in quantity terms," Minister of State for Commerce and Industry Jyotiraditya Scindia told the Lok Sabha.

June 24th, 2009 Gazprom sales weak, but European demand recoveringMOSCOW — Russian gas monopoly Gazprom expects sales to drop by about 40 percent this year despite increased consumption in Europe in recent months, deputy CEO Alexander Medvedev said Wednesday. Gazprom's exports to Europe in the first half of the year will total 60 billion cubic meters, 26 percent less than initially planned, said Medvedev, who is foreign operations chief for the state-controlled behemoth.

June 18th, 2009 Russia-US talks on nuclear arms 'constructive'MOSCOW — Russia says talks with the United States on nuclear arms reductions have been constructive, but suggests a summit next month may not bring a new deal. Talks on an arms reduction deal to replace the 1991 START treaty are a keystone of efforts to improve troubled Russian-American ties.

May 19th, 2009 MOSCOW - Russia and the US have started the first round of talks here on a new strategic arms reduction treaty, the Russian foreign ministry said Tuesday. The US delegation is led by Rose Gottemoeller, US assistant secretary of state and the Russian side is headed by Anatoly Antonov, director of the security and disarmament department of the Russian foreign ministry.

April 22nd, 2009 NEW DELHI - India's gold jewellery industry retained its sheen in 2008-09 despite the economic slowdown by posting 23.64 percent growth in exports, an industry lobby report said Wednesday. According to the report by the Gem and Jewellery Export Promotion Council (GJEPC), the gold jewellery exports grew from $5.54 billion (Rs.22,315 crore) in 2007-08 to $6.85 billion in 2008-09.

April 22nd, 2009 Report: Russia foreign arms contracts under threatMOSCOW — Russia's defense manufacturers may not fulfill all of their foreign weapons contracts this year, an adviser to the country's state arms trader said Wednesday, according to Russian news agency Interfax. Russia's sprawling arms complex, which is under the umbrella of state holding Russian Technologies, is struggling to attract money from a diminishing pot of available credit, said Alexander Brindikov, an adviser to state arms trader Rosoboronexport.

February 26th, 2009 MOSCOW - The Russian government plans to use price regulation mechanisms for state defence contracts, a deputy prime minister has said. 'I believe it is extremely important to enshrine in law the concept of 'the state regulation of prices for arms and military and special equipment', and apply this mechanism to all defence contractors,' Sergei Ivanov said while addressing the country's lower house of parliament.

January 19th, 2009 MOSCOW - Ukraine's gas system started receiving Russian gas for transit to Europe Tuesday, a spokesman of Russian energy giant Gazprom said. Following Sunday's talks between the two countries' premiers, Gazprom and Ukrainian energy company Naftogaz Monday signed a contract on Russian gas supplies to Ukraine for 2009-19.

January 18th, 2009 MOSCOW - Russian President Dmitry Medvedev has signed a decree banning exports of military and dual-purpose products to Georgia, the Kremlin press service said Monday. Under the document, valid until Dec 1, 2011, the government is to develop ways to restrict military cooperation with countries supplying Russian or Soviet-made arms to Georgia.

January 5th, 2009 MOSCOW - Russian gas supplies through Ukraine to Turkey have stopped, the Turkish minister of energy and natural resources said Tuesday. Mehmet Hilmi Guler said Turkey was trying to compensate for the loss with supplies from elsewhere.