Russia's Roscosmos to Spend $3.9Mln by 2020 on Electronics to Substitute Imports

Russia's Roscosmos space corporation will spend about 259 million rubles (some $3.9 million at the current exchange rates) by 2020 to develop and create electronics to substitute foreign analogues in the country's aerospace equipment, according to the data published on Russia's federal procurement portal.

MOSCOW (Sputnik) — According to the data, the corporation plans to spend 50 million rubles in 2016, 52 million in 2017, 54 million in 2018, 56 million in 2019 and 47.4 million in 2020.

Russia switched to an import substitution policy in mid-2014, after the West imposed several rounds of sanctions against the country citing its alleged involvement in the Ukrainian internal conflict.

Imported products are currently replaced both with Russian production and goods from countries, which have not introduced sanctions against Russia.