Russia Intends To Sign Contract With India For Production of AK-203 Soon
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Russia Intends To Sign Contract With India For Production of AK-203 Soon

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The issue concerning the payment of royalties by India is still being resolved

VLADIVOSTOK: Russia intends to sign agreement with India for the licensed production of 7.62 mm Kalashnikov AK-203 assault rifles in the country in the near future, press secretary of the Federal Service for Military-Technical Cooperation Valeria Reshetnikova announced at the Eastern Economic Forum (EEF-2021).

“We expect to reach all agreements and sign a contract in the near future,” Reshetnikova said. According to her, the issue concerning the payment of royalties by India is still being resolved.

The sixth Eastern Economic Forum is being held in Vladivostok on September 2-4 in a hybrid (combined online and in-person) format, the main topic of the business program is “New Opportunities for the Far East in a Changing World.” Other programs that are part of the forum include Youth EEF, EEF Junior, and Far East Street. The forum is organized by the Roscongress Foundation. TASS is the general media partner and the official host photo agency of the event.

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