Arms sales are a rare bright spot in an otherwise gloomy economic picture for Russia, whose economy is suffering from weak oil prices and Western sanctions over the Ukraine conflict. China is to buy a batch of 24 Sukhoi-35 fighter jets from Russia in a deal worth more than $2 billion, an industry source told Reuters on Thursday, in a move that may help the Kremlin’s strained finances.A spokeswoman for Russian state holding Rostec confirmed a deal between the two countries had been signed involving Su-35 fighter jets, but declined to provide details.The deal makes China the first foreign buyer …read more
Source: Pulse Nigeria
