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China Daily | Updated: 2009-02-11 07:47

Arms sales hit $8.35b

Russia set a new post-Soviet record for arms sales last year, at $8.35 billion, President Dmitry Medvedev said yesterday.

Despite the 10 percent rise from 2007, Medvedev urged officials to search more aggressively for new potential markets for Russian weapons as he expects the global financial crisis will depress demand.

Around the World: Russia

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