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WorldPosted at: Dec 28 2020 7:28AM


Major Importers of Russian Weapons among countries most hit by COVID-19 : Deputy Minister

Moscow, Dec 28 (Sputnik) Countries that are major importers of Russian weapons, such as Algeria and Egypt, are among those that have been most affected by the ongoing coronavirus disease pandemic, Russia's deputy minister of defense, Alexander Fomin, told the Rossiyskaya Gazeta newspaper on Sunday.
"Unfortunately, Russia's main partners in the field of military-technical cooperation, such as Algeria, Egypt, India, China, and others, are among the most affected … It is expected that over the next two years, global military spending will decrease by eight percent and the global export of military goods [will fall] by four percent," Fomin remarked.
Analysts are predicting that the global arms market is unlikely to return to pre-pandemic growth levels until 2023, Fomin added.
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