ROSOBORONEXPORT EXCEEDS $5 BILLION IN 2003

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MOSCOW, January 26 (RIA Novosti correspondent Olga Semenova) - The total sum of currency earnings from Rosoboronexport's export activities in 2003 exceeded $5 billion, the press service of the Federal State Unitary Enterprise (FGUP) Rosoboronexport told RIA Novosti on Monday.

Rosoboronexport accounted for 94% of all Russian munitions exports in 2003, the FGUP's press service noted.

Rosoboronexport Director General Andrei Belyaninov said, "munitions sales have been growing by about $1 billion every year: $3.2 billion in 2001, $4.2 bln in 2002 and $5.1 bln in 2003."

According to Rosoboronexport, last year "India and China remained Russia's main strategic partners, however the FGUP continued the geographic expansion of munitions exports."

"Russian munitions were delivered to 52 countries last year. There has been a substantial breakthrough in business cooperation with such perspective partners from southwestern Asia as Malaysia, Indonesia and Vietnam," Mr. Belyaninov's report said.

According to Rosoboronexport's director general, the particular trait of last year's munitions export was a general increase in sales of anti-aircraft and naval equipment, the enterprise paid particular attention to deliveries of spare parts and maintenance of the already delivered equipment, Mr. Belyaninov said.

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