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Russia loses $4 billion in Libya because of Gaddafi

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Russia has lost $4 billion due to the loss of arms contracts with Libya as a result of the UN’s arms shipments embargo. Anatoly Isaikin, the General Director of Russia’s defense export giant Rosoboronexport, said that Russia had concluded arms contracts worth $2 billion with the previous administration of Libya. “We could conclude more contracts for the same amount,” the official... 
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