The Rosoboronexport spokesman said that in early 2008 the Greek Defense Ministry had made an official request for the delivery of the armored vehicles from Russia, the second-largest arms exporter in the world.
"Preparations for signing a corresponding intergovernmental agreement and contract are currently underway," he said.
He also said that the BMP-3M will be showcased at the Defendory International 2008 arms show due to take place in Athens, Greece, from October 7-11.
The BMP-3M is one of the most heavily armed infantry fighting vehicles in service. It has been exported to nearly a dozen countries with the United Arab Emirates having around 600 operational vehicles in service.
Russia exports arms to about 80 countries. Among the key buyers of Russian-made weaponry are China, India, Algeria, Venezuela, Iran, Malaysia, and Serbia. The country has doubled its annual arms exports since 2000 to $7 billion last year.
The U.S., which is the world's top arms exporter, has repeatedly imposed sanctions on Rosoboronexport and other Russian companies, including over the sale of TOR-M1 air defense systems to Iran, despite the fact that the deals were in line with international agreements.