13:17 GMT29 March 2020
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    A deputy head of Russia’s state-run arms exporter Rosoboronexport said Friday the new round of European Union sanctions will have little impact on the company’s operations.

    Updated 12:19 p.m. Moscow Time

    MOSCOW, September 12 (RIA Novosti) – A deputy head of Russia's state-run arms exporter Rosoboronexport said Friday the new round of European Union sanctions will have little impact on the company's operations.

    "Taking into account our course toward import substitution, we do not expect our sales to be affected significantly. Foreign customers use the types of weaponry and equipment that are completely Russian-made. The sanctions do not affect us," Rosoboronexport Deputy Director General Sergei Goreslavsky said.

    On Friday, the European Union said it was introducing a new round of sanctions against Russia, including those targeting the country's major defense and energy companies.

    The EU barred three major Russian oil companies (Rosneft, Transneft, Gazprom Neft) and three major defense companies (Oboronprom, 50 percent of which belong to Rosoboronexport, United Aircraft Corporation and Uralvagonzavod) from seeking finance on European capital markets.

    EU individuals and companies are prohibited to purchase, sell, or provide investment services for these companies or assist in the issuance of, or otherwise deal with "transferable securities and money-market instruments with a maturity exceeding 30 days, issued after September 12."

    EU travel bans and asset freezes were imposed on 24 more people, including senior Russian lawmakers and the leadership of the self-proclaimed Donetsk People's Republic .

    Russian president's spokesman Dmitry Peskov said Thursday Moscow regrets the EU decision to impose a new round of sanctions against Russia over Ukraine and views them as illegitimate.

     

    Tags:
    European Union, Rosoboronexport, sanctions, Oboronprom, Uralvagonzavod, United Aircraft Corporation, Sergei Goreslavsky
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