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Russia Might Stop Supplying Titanium to US in Response to Sanctions - Lawmaker

© Sputnik / Pavel Lisitsyn / Go to the mediabankA workshop at Ural Boeing Manufacturing (UBM), a joint venture of Boeing and VSMPO-Avisma Corporation in the town of Verkhnyaya Salda in the Sverdlovsk Region
A workshop at Ural Boeing Manufacturing (UBM), a joint venture of Boeing and VSMPO-Avisma Corporation in the town of Verkhnyaya Salda in the Sverdlovsk Region - Sputnik International
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MOSCOW (Sputnik) - If a bill on the response to the US sanctions is adopted, Russia will stop the supply of titanium, which is necessary for the production of Boeing aircraft, to the United States, Sergey Ryabuhin, the chairman of Federation Council's committee on budget, told Sputnik on Friday.

Earlier in the day, Russian parliament's lower house introduced a draft law on response to the US sanctions, which in particular envisages introduction of ban or restrictions on export of Russian products, equipment made of rare-earth materials and suspension of the cooperation in the areas of aircraft, rocket engine production and nuclear area.

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"If such legislation is adopted, it will concern the RD-180 engines produced by the Space Corporation (RSC) Energia. These engines are used in the satellites not only by NASA, but by the Pentagon as well. So the United States is launching the military satellites [with the help of Russian engines]… Among the rare-earth metals, which Russia is supplying to the United States, there is titanium, that is necessary for the technological cycle of Boeing aircraft production," Ryabuhin added.

Earlier, the US Treasury Department added another 38 Russian entrepreneurs, senior officials and companies to its sanctions list in response to Russia's alleged "malign activity" worldwide. Russian entrepreneurs designated by the Treasury Department include Viktor Vekselberg, Oleg Deripaska, Alexey Miller, Suleyman Kerimov, Kirill Shamalov and Andrey Kostin.

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