INSEAD Day 4 - 728x90

Samsung biggest chip investor

The tech giant invested nearly $59.2bn in 2025.

flynas to set up new hub

Five destinations in first phase of operations.

AD Ports Group acquires CLI

CLI is Brazilian agri-bulk terminal operator.

$1.59bn Makkah project awarded

A consortium will develop two districts in the Holy City.

2PointZero posts profit surge

Growth driven by merger consolidation.

Russian President pitches ‘combat-tested’ weapons to allies

Russian President Vladimir Putin. (AFP)
  • The President boasted weapons are valued by military professionals for their "reliability, quality and most importantly -- high efficiency"
  • According to the Stockholm International Peace Research Institute (SPIRI), Russia is the second largest arms exporter in the world after the United States

President Vladimir Putin on Monday promoted Russian weapons to his foreign allies, saying they had all been tested on the field of battle.

“We are ready to offer allies and partners the most modern types of weapons — from small arms to armored vehicles and artillery, combat aircraft and unmanned aerial vehicles,” Putin said in televised remarks at the opening of a military forum outside Moscow.

He said Russian weapons are valued by military professionals for their “reliability, quality and most importantly — high efficiency”.

“Almost all of them have been used in real combat operations more than once,” he added.

Putin also praised Russia’s “many” allies as the country finds itself increasingly isolated since the start of the military intervention in neighboring Ukraine.

Washington and Brussels have hit Moscow with a barrage of crippling sanctions, pushing Putin to seek new markets and strengthen ties with nations in Africa and Asia.

“We highly appreciate that our country has many allies, partners and like-minded people on different continents. These are states that do not bend before the so-called hegemon,” Putin said.

He added that Russia “cherishes historically strong, friendly, truly trusting ties” with countries of Latin America, Asia and Africa.

Russia is the second largest arms exporter in the world after the United States, according to the Stockholm International Peace Research Institute (SPIRI), but in recent years its export figures have been steadily declining.

However, the head of state-owned defense conglomerate Rostec, Sergei Chemezov, said Monday that the military actions in Ukraine have not affected arms exports.

“This year we have already signed contracts with foreign customers worth over one trillion rubles ($16 billion). This figure exceeds some annual figures for the past 10 years,” Chemezov said at the forum as cited by Russian news agencies.