Czech Republic exported weapons worth ca. CZK 18bn

Published: 21.02.2020 Related countries:  Czech Republic Czech Republic

Czech export of weapons and military equipment increased in 2019.

Exports of weapons and military equipment from the Czech Republic in 2019, according to estimates of the Association of Defense and Security Industry (AOBP), increased from CZK 14bn to about CZK 17 to 18bn. The information was provided to ČIANEWS by AOBP President Jiří Hynek, who said that the number of countries to which the Czech Republic exports has not changed compared to previous years. He added that the estimates are based on the half-yearly results and the forecasts resulting from the licenses issued to exporters.

Source: ČIA NEWS, February 21st, 2020
Compiled by the team of CzechTrade office in Riga.