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. Last Updated: 07/27/2016

Fewer Arms Exporters

MOSCOW -- The number of Russian arms exporters may decrease in 1999, Trade Minister Georgy Gabunia said at a news conference Monday.

Starting next year, only companies in which the state holds a controlling stake will be given the right to export weapons, Gabunia said.

Currently, three state companies - Rosvooruzheniye, Promexport and Russian Technologies - are officially allowed to sell arms. Some 20 Russian arms producers also have the right to export their output.