Ruble Devaluation Not to Affect Russian Army's Purchase of Modern Arms

© Sputnik / Sergey Mamontov / Go to the mediabankWorkers of the JSC Uralvagonzavod assemble tanks on the production floor
Workers of the JSC Uralvagonzavod assemble tanks on the production floor - Sputnik International
Subscribe
The ruble’s devaluation will not affect the purchase of modern weapons for the Russian Army, Russian Deputy Prime Minister Dmitry Rogozin said Tuesday.

ZHUKOVSKY (Sputnik) — Rogozin said that the Russian military industrial complex would benefit from the currency's devaluation making export of Russia-produced weapons more profitable.

"It would have definitely harshly affect our plans if we were ‘banana republic,’ which buys armaments abroad. But since we have made during the last three years powerful efforts to convert our plants from the rusty, heavy, non-working mechanism into the modern industry, as a matter of fact it does not affect our plans," Rogozin told RIA Novosti.

US and EU flags - Sputnik International
US, EU Concerned Over Russia's Import Substitution Program
According to the deputy prime minister, Russia has evaded the threat by minimizing import in defense industry.

"So we have actually dodged the threat by having prepared detailed plans [of the import substitution]," Rogozin said.

Newsfeed
0
To participate in the discussion
log in or register
loader
Chats
Заголовок открываемого материала