Russia bans Libya arms exports: Kremlin

10th March 2011, Comments 0 comments

Russia, a key arms exporter to the Middle East, announced Thursday it was banning the sale of all weapons to Libya, in line with its support of UN sanctions against Moamer Kadhafi's regime.

President Dmitry Medvedev signed a decree banning the "export, sale and delivery to Libya... of all kinds of weapons and associated materials," the Kremlin said in a statement.

The move comes after Russia joined other UN Security Council permanent members in ordering an arms embargo against Libya and other sanctions against Kadhafi's family.

But there has been concern in the Russian arms export industry about the impact of the ban, which its state arms exporter Rosoboronexport says could cost the country $4 billion in arms exports.

© 2011 AFP

0 Comments To This Article