The Largest Security-Cleared Career Network for Defense and Intelligence Jobs - JOIN NOW

Weapons of Mass Destruction (WMD)

One in Five Helicopters Sold in Latin America From Russia - Rostec Exec

Sputnik News

10:54 06.05.2015(updated 11:28 06.05.2015)

According to Rostec, the Latin American market for Russian helicopters is quite large and the region has great potential for trade with Russia, especially in the manufacturing sector.

MOSCOW (Sputnik) – About 20 percent of helicopter market in Latin America is comprised of Russian equipment, Viktor Kladov, the head of International Cooperation Department of Russian state technology company Rostec, said Wednesday.

'Some 20 percent of helicopter market in the countries south of the Rio Grande river [in Mexico] is comprised of Russian equipment,' Kladov told Russia's Kommersant newspaper.

He noted that the company's share in the civil helicopters market was, by contrast, much smaller, and amounted only to 2 percent.

'But we are trying to improve the situation – we have launched a large marketing campaign,' Kladov said.

He noted that Rostec was ready to cooperate as closely with its Latin American partners as possible and was open for joint work in different formats.

Kladov named Brazil, Chile, Peru and Argentina among countries that showed interest in Russian equipment.

According to Rostec's website, Argentina, Brazil, Venezuela, Colombia, Mexico and Chile have the greatest potential for foreign trade and cooperation with the Russian company.

The company says it is in talks with regional partners for joint projects in high-tech development and manufacturing.

Sputnik



NEWSLETTER
Join the GlobalSecurity.org mailing list