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Russian military exports not affected by the sanctions - Rostec CEO

Russia / Ukraine / Engineering

Despite U.S. sanctions, the Russian military export sales is not decreased, said Monday the head of the Corporation "rostec".

Russian military exports not affected by the sanctions - Rostec CEO

a Russian Corporation rostec, which includes manufacturers such weapons, as the weapon company "Kalashnikov", and "Helicopters of Russia" and United aircraft Corporation (UAC), is among the Russian firms affected by sanctions imposed on the country over the annexation of Ukrainian Crimea and other reasons, reports Reuters.

the State Agency for export and import "Rosoboroneksporta" in 2018 fixed military sales at the level of 13.7 billion dollars, slightly higher than in the previous year, told reporters at the air show in Dubai, the head of Rostec Sergey Chemezov.

it is Expected that sales in 2019 will be the same as in 2018, as the company has already registered over 11 billion dollars in revenue currently, he said.

"They grow, and this means that our products are of higher quality and more reliable."

Chemezov said that Russia would continue its military cooperation with Saudi Arabia and the United Arab Emirates, is implementing several projects, despite the fact that some Western countries avoid these two Gulf countries because of their role in the war in Yemen.

Some countries, such as Germany, Norway and others, restricting the sale of arms to countries involved in the war in Yemen.

Russia always cooperates only with legitimate governments and has always advocated a diplomatic solution to the conflict in Yemen. "At the same time, Saudi Arabia is our partner", - said Chemezov.

According to him, in cooperation with Saudi Arabia is carried out several projects, including plans for the construction of the plant "Kalashnikov" in the Kingdom.

Chemezov noted that in the middle East have expressed interest in the Russian passenger aircraft MS-21 that will compete with similar Airbus and Boeing. Discussions continue, but with none of the buyer in the middle East he did not sign the contract, refusing to call potential customers.

Planned "regular production" about 72 aircraft per year. The first deliveries will begin in 2021, he said.

Answering the question of whether India has made a payment of $ 800 million to Russia for space launch vehicles, long-range s-400, Chemezov said that the prepayment was made. "I don't want to specify numbers, negotiations are conducted, 2025 - the date of completion of supplies".

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