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Russia announces Libya arms deal Russia announces Libya arms deal
(about 4 hours later)
Russia is to supply Libya with small-arms and other weapons to the value of $1.8bn (£1.1bn, 1.3bn euros), Prime Minister Vladimir Putin has announced.Russia is to supply Libya with small-arms and other weapons to the value of $1.8bn (£1.1bn, 1.3bn euros), Prime Minister Vladimir Putin has announced.
The contract is worth nearly a quarter of the Russian state arms exporter's entire sales last year, which were put at $7.4bn.The contract is worth nearly a quarter of the Russian state arms exporter's entire sales last year, which were put at $7.4bn.
Mr Putin said the deal had been signed on Friday during a visit by the Libyan defence minister.Mr Putin said the deal had been signed on Friday during a visit by the Libyan defence minister.
There was no immediate word from the Libyan side on the deal.There was no immediate word from the Libyan side on the deal.
Abu Bakr Yunis Jaber, Libya's defence minister, has been in Moscow for several days, meeting defence officials.Abu Bakr Yunis Jaber, Libya's defence minister, has been in Moscow for several days, meeting defence officials.
Keeping busyKeeping busy
Mr Putin gave no details of the arms covered by the contract. Russian media speculated earlier that it might include fighter planes.Mr Putin gave no details of the arms covered by the contract. Russian media speculated earlier that it might include fighter planes.
"Yesterday a contract worth 1.3bn euros was signed," Mr Putin announced at a meeting near Moscow with the director of the Russian small-arms manufacturer Izhmash, which makes the Kalashnikov assault rifle."Yesterday a contract worth 1.3bn euros was signed," Mr Putin announced at a meeting near Moscow with the director of the Russian small-arms manufacturer Izhmash, which makes the Kalashnikov assault rifle.
"These are not just small-arms.""These are not just small-arms."
Izhmash director Vladimir Grodetsky thanked Mr Putin for helping to secure sales for his plant which would, he said, keep one of its plants busy for at least two years. Mr Putin gave no further details. However, according to a military diplomatic source quoted earlier by Russian news agencies, the deal included fighter aircraft, tanks and a sophisticated air defence system.
Rosoboronexport, Russia's state-owned arms export monopoly, announced on Thursday that its 2009 sales had seen a 10% increase on the previous year.Rosoboronexport, Russia's state-owned arms export monopoly, announced on Thursday that its 2009 sales had seen a 10% increase on the previous year.
Customers included India, Algeria, China, Venezuela, Malaysia and Syria, with air force weaponry making up 50% of sales.Customers included India, Algeria, China, Venezuela, Malaysia and Syria, with air force weaponry making up 50% of sales.