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    Home > Finance > Putin praises Russian military exports despite Western pressure
    Finance
    Putin praises Russian military exports despite Western pressure

    Published by Global Banking and Finance Review

    Posted on January 30, 2026

    2 min read

    Last updated: January 30, 2026

    Putin praises Russian military exports despite Western pressure - Finance news and analysis from Global Banking & Finance Review
    Tags:PresidentInternational tradeforeign exchangeemerging markets

    Quick Summary

    Putin highlights the growth of Russian military exports, emphasizing increased African interest despite Western pressure.

    Table of Contents

    • Russian Military Exports and Global Relations
    • Impact of Western Pressure
    • Growing Interest from Africa
    • Military Cooperation with African Nations

    Putin Highlights Growth in Russian Military Exports Amid Western Pressure

    Russian Military Exports and Global Relations

    Jan 30 (Reuters) - President Vladimir Putin praised the export record of Russia's military industries on Friday, saying it had expanded its markets and prospects, particularly in Africa, despite Western pressure.

    Impact of Western Pressure

    "Russian production of military goods was supplied last year to more than 30 countries and the amount of foreign exchange earnings exceeded $15 billion," Putin told a meeting on military-technical cooperation in the Kremlin in a pool video.

    Growing Interest from Africa

    Putin said the sector was operating in "complicated conditions".

    Military Cooperation with African Nations

    "Pressure from Western countries remained and was even intensified to slow down or block business ties with Russia," he said. "But despite all these attempts, our export contracts were on the whole being honoured consistently."

    African countries, he said, were particularly expressing interest in Russian production.

    "Despite pressure from the West, African partners are showing readiness to expand their relations with Russia in the military and military-technical fields," he said.

    Russia has been cultivating ties with a string of African countries, including in the domain of military cooperation.

    The Central African Republic in 2018 brought in Russia's Wagner mercenaries to fend off rebel groups. Its newly reelected president, Faustin-Archange Touadera, invited Putin this month to visit the country.

    Russia has also boosted relations with military administrations in Mali and Burkina Faso.

    (Reporting by Ron Popeski, Editing by Rosalba O'Brien)

    Key Takeaways

    • •Putin praises Russia's military export growth.
    • •Exports reached over $15 billion last year.
    • •Africa shows increasing interest in Russian arms.
    • •Western pressure fails to hinder Russian exports.
    • •Russia strengthens military ties with African nations.

    Frequently Asked Questions about Putin praises Russian military exports despite Western pressure

    1What is military export?

    Military export refers to the sale of military goods and services to foreign countries. This includes weapons, equipment, and technology used for defense and security.

    2What is foreign exchange?

    Foreign exchange, or forex, is the global market for trading national currencies against one another. It determines the exchange rates for currencies.

    3What are emerging markets?

    Emerging markets are nations with social or business activity in the process of rapid growth and industrialization. They often have lower income levels than developed countries.

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