Three Russian treasures are still being held back by buyers due to financial constraints.

Rosoboronexport has no intention of exporting Russia's latest weapons in the near future, including the Armata tank, the S-500 system, and the T-50 aircraft.

Rosoboronexport has no intention of selling Russia's latest weapons in the near future, including the Armata tank, the S-500 air defense system, and the T-50 fifth-generation fighter jet. This was stated by Rosoboronexport's General Director, Alexander Mikheev.

Armata tank

Of course, modern weapons that attract media attention and interest from countries around the world, such as the latest generation Armata tank, the S-500 air defense system, 5th-generation fighter jets, and several other Russian weapon systems, have enormous export potential.

"However, up to this point, Rosoboronexport's plans for exporting these weapons have not yet been determined," Sputnik news agency quoted Alexander Mikheev as saying.

One of the reasons for this decision is that they are not yet mass-produced; some have been deployed and some are still undergoing testing. Therefore, in the future, after these tasks are completed and with the permission of the State, they may be exported.

S-500 system

A representative from Rosoboronexport also stated that, if allowed to export, they would be ready to supply NATO countries with weapons if the Russian President permits it, provided that NATO countries cease unfair competition with Russia.

"Depending on President Putin's decisions, we are always proud and work diligently to support them, including the provision of modern military equipment to NATO member countries," said Alexander Mikheev.

One of the factors hindering the production and export of these modern weapons is unfair competition from Western countries and the United States.

Currently, both Rosoboronexport and many other Russian companies and corporations are on the sanctions lists of these countries.

However, Mr. Mikheev also revealed that since the beginning of 2017, Rosoboronexport has exported military equipment worth more than $5 billion, while the state's investment portfolio has reached nearly $45 billion.

Rosoboronexport is a Russian state-owned company and the only company in Russia dedicated to the export and import of all military technology products and services. Its full name is Rosoboronexport Joint Stock Company. Its headquarters are located in Moscow. It is part of the state-owned Rostec corporation.

T-50 fighter jet

Last month, Sputnik quoted Vladimir Mikheev, head of the KRET electro-optical equipment design complex, as saying that Russia had agreed to export the President-S (ODS) air defense system and the Rychag-AV helicopter-based electronic warfare system to three customers in Asia and Latin America and one in the Middle East.

However, for objective reasons, he did not specify these three customers.

Experts believe that Russia is currently planning to export weapons worldwide. Beyond economic gain, these arms export contracts also serve to boost Russia's influence and the proliferation of its weapons compared to potential rivals—especially the United States.

For example, countries in the Middle East are now beginning to abandon American weapons and opt for Russian weapons to equip their armies. Therefore, he believes that in the future, the potential for exporting these modern weapons is enormous and will certainly be realized.

According to Sputnik