Russia to ramp up imports substitution in defense sector - News Archive - PRIME Business News Agency - All News Politics Economy Business Wire Financial Wire Oil Gas Chemical Industry Power Industry Metals Mining Pulp Paper Agro Commodities Transport Automobile Construction Real Estate Telecommunications Engineering Hi-Tech Consumer Goods Retail Calendar Our Features Interviews Opinions Press Releases

Russia to ramp up imports substitution in defense sector

MOSCOW, Apr 4 (PRIME) -- The Russian government is working to ramp up imports substitution in the defense sector, including on state support to system-forming industries, the Kremlin said in a statement on Monday following a meeting of Deputy Prime Minister Yury Borisov and President Vladimir Putin.

УYury Borisov added that the government was systematically working to speed up dynamics and volumes of imports substitution with a due support of system-forming industries,Ф the statement read.

Compliance with the parameters of the state order is of utmost priority for the defense industry under unprecedented sanctions. In 2021, the state defense order was fulfilled by at least 98%, and this year, implementation of the order is going even faster on some positions, Borisov told Putin.

He also said that preparation of reference data for the next state program for weapon production had been finished, and the program would be submitted to Putin before mid-2023.

Among the measures that should ensure stability of the defense sector, the government expanded the limit of prepayment under procurements of electronic components to 100%, and allowed companies to sign defense order contracts with single suppliers without registration in the Federal Antimonopoly Service and at approximate prices that do not exceed the figures in the state defense order, he said.

End %%md/jst%%

04.04.2022 14:47
 
 
Share |
To report an error select text and press Ctrl+Enter
 
 
Central Bank Official Rate
1W 1M 1Y
USD
EUR 61.2171 +0.2139 29 jul
USD 60.2031 -0.0167 29 jul
Stock Market Indices
1D 1W 1M 1Y
MICEX
micex 2189.16 -0.32 18:51 28 jul
Stock Quotes in RUR
1D 1W 1M 1Y
GAZP
gazp 196.24 -0.13 18:36 28 jul
lkoh 3847.50 0.00 18:53 28 jul
rosn 348.70 0.00 18:49 28 jul
sber 131.69 -0.61 18:36 28 jul
MICEX Ruble Trading
1D 1W 1M 1Y
USDTD
EURTD 61.1000 +0.5550 14:59 28 jul
USDTD 60.8350 +0.9200 17:44 28 jul