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Oil Giants Putin and the Kingdom of Saudi Wheeling and Dealing For Kalashnikovs and More

Oil Giants Putin and the Kingdom of Saudi Wheeling and Dealing For Kalashnikovs and More

Dmitry Medvedev talks with King Salman bin Abdulaziz Al Saud of Saudi Arabia
 

Russia and Saudi Arabia have reached a deal allowing the production of  Kalashnikov assault rifles in the Gulf Kingdom, RT reported.

In May Saudi Arabian Military Industries was established by the Kingdom with the promise of producing tens of thousands of jobs through the production of weapons. The goal by the large importer of military weapons, was to enter into joint ventures to bring in revenue to the Kingdom.

Saudi Arabia also signed preliminary agreements to buy S-400 air defence systems, Kornet anti-tank guided missile systems and multiple rocket launchers from Russia, officials said according to al Jazeera.
 
 Tass reported that Russia and Saudi Arabia have also agreed on nuclear energy and space cooperation.
 
King Salmon and a huge delegation were hosted in Russia by strongman Putin and his ministers.
 
 “I would like to mention the energy industry, not just traditional one, but the nuclear energy industry as well and cooperation in space exploration, agricultural sector and infrastructural projects among advanced industries in which agreements were signed today,” Tass quoted Russian Foreign Minister Sergey Lavrov.