Moscow, May 31 (IANS/RIA Novosti): A Jordanian-Russian joint venture to produce portable rocket-propelled grenade launchers was unveiled in Jordan Thursday, the Russian manufacturer said.

The RPG-32, the portable rocket-propelled grenade launcher, is one of the most advanced weapon systems (in the world). It can fire 72.5- and 105-mm rounds.

It is capable of effectively engaging the majority of armored vehicles as well as other military targets, said Russian Technologies CEO Sergei Chemezov at the opening ceremony.

Jordon's King Abdullah II was also present on this occasion.

The joint venture to manufacture RPG-32 Hashim launchers is located about 20 km northeast of Jordanian capital city Amman.

It has been built and equipped by the Jordanian side, whereas Russia’s Rosoboronexport, part of Russian Technologies, is supplying components for the assembly of the grenade launchers and is overseeing the production process.