Russia’s Arms Exports Collapse Amid Ukraine War | Vantage with Palki Sharma

Russia’s Arms Exports Collapse Amid Ukraine War | Vantage with Palki Sharma

Russia’s weapons exports are collapsing, with revenue projected to plummet by 93% by the end of 2024. Once a $14.6 billion industry in 2021, Russia’s arms sales have dropped to just $1 billion amid global sanctions and fallout from the Ukraine invasion. Defence policy expert Pavel Luzin has highlighted how the decline in arms exports is not just crippling the industry but also impacting Russia’s economy. Buyers are turning to other nations for military equipment, leaving Moscow grappling with financial and strategic setbacks. What does this mean for Russia’s future? Palki Sharma explores the details.

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Ukraine War | Russia Ukraine War | Vladimir Putin | Weapons | India | China | South Korea | Military | Firstpost | World News | News Live | Vantage | Palki Sharma | News

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Vantage is a ground-breaking news, opinions, and current affairs show from Firstpost. Catering to a global audience, Vantage covers the biggest news stories from a 360-degree perspective, giving viewers a chance to assess the impact of world events through a uniquely Indian lens.

The show is anchored by Palki Sharma, Managing Editor, Firstpost.

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