Posted on 09/23/2014 9:33:08 PM PDT by wetphoenix
Russian President Vladimir Putin met Egyptian President Abdel-Fattah el-Sisi in the Black Sea resort of Sochi, Russia, on August 12, 2014. It was his first official visit to the Russian Federation as President. And Vladimir Putin was the first leader to invite him for a visit outside the Arab world since his swearing-in as head of state. The agenda included introduction to a selection of Russian military hardware for sale. (1)
The two leaders agreed to expand cooperation in the field of arms exports to Egypt in addition to studying the establishment of a logistics center Masri on the Black Sea coast. The United States suspended some of its weapons deliveries since the overthrow of former Egyptian President, Mohamed Morsi, in July 2013 in the wake of Sisi’s crackdown on the former Islamic government.
On September 17 it was reported that Russia and Egypt have reached a preliminary deal for Cairo to buy arms worth $3.5 billion from Moscow.Alexander Fomin, the head of the Federal Service for Military-Technical Cooperation, said the deal was reached during an arms trade exhibition in South Africa. (2)
Western sanctions: no impact on Russian military industry
Russia is the world’s second-largest arms exporter after the US.
The head of Rosoboronexport, a state body that deals with arms exports, said the value of the agency’s order book was high in spite of Western sanctions against Moscow over Ukraine. “Today our orders portfolio stands at $38.7 billion. This is one of the strongest figures Rosoboronexport has had in recent years,” Anatoly Isaykin told a news conference at the same arms expo.
(Excerpt) Read more at strategic-culture.org ...
Nice job Obola.
Russia has also reached an agreement on Nuclear technology and manufacturing with South Africa, the guys the US sanctioned and refused to trade with.
Obama is doing more to restore the influence and stature of Russia than is Putin.
Very interesting. Thanks for posting. Morsi’s men in the U.S.A. will be mad. Barry could give a speech at Cairo U. to soothe the students. Title it, “A New Beginning”. /sarc
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