International sanctions imposed on Russia have had an impact on the country's defense industry. Now the country is planning to substitute all its current imports with home-made options by 2017.
This was confirmed yesterday, by the Chief Executive of state-owned defense conglomerate Rostec, according to Reuters.
- Sanctions have given us a kick to produce our own," Sergei Chemezov said at a news conference on the sidelines of a defense conference in Abu Dhabi, in the United Arab Emirates.
- Before sanctions we procured from Ukraine which has many defense plants and factories. By 2017, we plan to substitute all our imports, the Chief Executive added.
Cameron: - We got more
This morning the international news agency reports that Britain’s Prime Minister David Cameron warns Russia to be hit with worse sanctions, if the crisis in Ukraine worsens.
- Far from changing course, Russia's totally unjustifiable and illegal actions in eastern Ukraine have reached a new level with the separatists' blatant breach of the cease-fire to take control of Debaltseve, made possible only with the supply of Russian fighters and equipment, Cameron told the parliament yesterday.
The speak from Cameron, given in Hasting, England, came after Kiev accused pro-Russian rebels of opening fire with rockets and artillery at villages in southeastern Ukraine.
- Russia must be in no doubt that any attempts by the separatists to expand their territory — whether towards Mariupol or elsewhere — will be met with further significant EU and U.S. sanctions, said Cameron.