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Russia signs 17 long-term contracts at International Military-Technical Forum

Xinhua, September 8, 2016 Adjust font size:

Russian Defense Ministry has signed long-term contracts worth over 130 billion rubles (2.03 billion U.S. dollars) at the International Military-Technical Forum "Army 2016," the Russian news Agency TASS reported Wednesday.

"A total of 17 long-term contracts to the tune of more than 130 billion rubles have been signed," Deputy Defense Minister Yuri Borisov was quoted as saying.

The forum "Army 2016" on Sept. 6 - 11 in Kubinka, a town 63 km west of Moscow, has involved over 1,000 Russian enterprises and organizations, as well as delegations from 80 foreign countries.

According to Russian Defense Minister Sergei Shoigu, this large-scale event provides an excellent opportunity for direct communication between Russian and foreign developers, and manufacturers of military and dual-purpose products.

Pavilions with a total exhibition space of 80,000 square meters, including 28 conference halls, have been built for the forum. The outdoor grounds area for the display of weapons, military and special equipment exceeds 100,000 square meters. Endite