Moscow (AFP) March 3, 2011
Russia is to lose $4 billion in arms exports to Libya due to the imposition of UN sanctions against Moamer Kadhafi's regime, one of its chief weapons clients in the Middle East, an official said Thursday.
State arms exporter "Rosoboronexport's lost income from the situation in Libya amounted to $4 billion," the head of state industrial holding Russian Technologies Sergei Chemezov was quoted as saying by the Interfax and RIA Novosti news agencies.
Russia was initially slow to echo Western condemnation of Kadhafi amid his bloody crackdown on an uprising but on Saturday it joined other UN Security Council members in ordering an arms embargo against Libya and other sanctions.
The Arab world is the main export market for Russian arms after traditional partners China and India.
Libyan Defence Minister Yunis Jaber had gone on a major spending spree during a January 2010 visit to Moscow, signing 1.3 billion euros ($1.8 billion) worth of deals including for six Yak-130 military planes.
Meanwhile, Libya had also been expected to become the first foreign buyer of Russia's new Su-35 fighter and a contract worth $800 million for 12-15 planes had been ready for signing, reports have said.
A range of other contracts for helicopters and missile systems were also being discussed.
Defence Minister Anatoly Serdyukov said Moscow was "really alarmed" by the effect the revolts sweeping the Arab world could have on its weapons exports.
Asked whether Russia would now be able to record $10 billion of arms exports this year, Chemezov replied: "We will try." He gave no further details or comments.
Despite its concern over arms exports, Moscow has slowly started to show a tougher political line towards Kadhafi's regime as it battles to stay in power.
A Kremlin source said this week that Kadhafi is a "living political corpse" who has no place in the civilised world, in Russia's first clear call for the Libyan leader to quit.
Medvedev has yet to echo such graphic rhetoric himself but on Thursday he issued one of bluntest warnings yet over the situation by any world leader, saying Libya is on the verge of civil war.
"This is an extreme situation," he told Russia's Emergencies Minister Sergei Shoigu, according to state news agency ITAR-TASS.
"Libya was and is on the verge of civil war and our main task was to save our people there (Russian citizens)," he said, praising the operation to evacuate Russians from Libya.
"During such events (such as in Libya) there is usually a complete disorganisation in the management of the state. And this is what we are seeing," he added.
Share This Article With Planet Earth
The Military Industrial Complex at SpaceWar.com
Learn about the Superpowers of the 21st Century at SpaceWar.com
US military struggles in campus battle
New York (AFP) March 3, 2011
US soldiers today face combat in some far-flung places, but it's the battle for Columbia University, right in Manhattan, that could say most about the country they represent. At issue is whether the prestigious college will end a ban on a military cadet program known as the ROTC that was exiled from most Ivy League campuses four decades ago during the Vietnam era. The college Senate meet ... read more
Orbital Launches PTV For Missile Defense Test|
Milestone Nears For European Missile Defense Plan
Ukraine's Role In European Missile Defense Not Yet Discussed
Israel successfully tests Arrow anti-missile system
Second Successful PAC-3 MSE Intercept Flight Test
Russia vows to sell missiles to Syria
Russia proceeds with missile sale to Syria
Enhancing The Protection Of Rotary Aircraft Against Missiles
Fire Scout Completes First Unmanned Test Flights On Littoral Combat Ship
K-MAX Achieves Numerous Firsts During Recent Demo Flights
Northrop Grumman Awarded UAS Common Architecture Working Group Contract
AeroVironment Develops World's First Fully Operational Life-Size Hummingbird-Like Unmanned Aircraft for DARPA
LockMart Wins Role On Navy C4ISR Services Contract
ONR Moves A Modular Space Communications Asset Into Unmanned Aircraft For Marines
Northrop Grumman Next-Gen FBCB2 System Approved For Fielding
Boeing To Demonstrate Aviation Command And Control Subsystem For US Marine Corps
U.S. Navy gets Raytheon targeting system
Raytheon To Provide Advanced Imaging Sensors To The US Navy
Cassidian To Deliver 400 Equipment Units Of Future Soldier System To Bundeswehr
Lockheed Martin Adds More C4ISR Systems Into Airborne Intel Lab
Indian defense budget gets 'hefty' rise
Russia to lose $4 bn in arms exports to Libya: official
Russia big loser in Arab arms market slump
Bombardier gets jumbo credit deal from China
China will pursue 'powerful' military: Wen
China's Wen pledges to address 'great resentment'
Japan reviews aid to new global No. 2 China
WikiLeaks-linked US soldier faces new charges
Scientists Build World's First Anti-Laser
Yale scientists build 'anti-laser'
'Air laser' could find bombs at a distance
ONR Achieves Milestone In Free Electron Laser Program
|The content herein, unless otherwise known to be public domain, are Copyright 1995-2010 - SpaceDaily. AFP and UPI Wire Stories are copyright Agence France-Presse and United Press International. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by SpaceDaily on any Web page published or hosted by SpaceDaily. Privacy Statement|