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Russia’s brisk arms trade business seen driving its foreign policy

Special to WorldTribune.com

By Miles Yu, Geostrategy-Direct.com

Russia’s stubborn insistence on siding with the pariah regime of Bashar Assad in Syria highlights an important economic factor: Russia’s heavy dependence on its arms export industry at the expense of Moscow’s international status and responsibility.

President Vladimir Putin said Russian weapons manufacturers exported arms and military equipment to 66 countries last year.  /RIA Novosti

President Vladimir Putin said Russian weapons manufacturers exported arms and military equipment to 66 countries last year. /RIA Novosti

Some experts believe that Russia’s reliance on international arms trade has become a dominant factor in deciding Russia’s overall international relations policies.

Russia is the world’s second largest arms exporter after the United States.

On June 24, President Vladimir Putin disclosed that compared to the same period in last year, the first six months of this year witnessed a 15 percent increase in Russia’s arms exports. In 2012, Russia’s arms exports were worth $15.7 billion, a 12 percent increase from the year before.

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