29 May '14, 4pm

Russia's Rosoboronexport Takes Over Crimean Defense Exports

Russia's Rosoboronexport Takes Over Crimean Defense Exports

WARSAW — Russia’s state-owned arms exporter Rosoboronexport has announced it is taking over the export of arms and military equipment made by defense manufacturers based in Ukraine’s Crimea, which is currently under Russian control. Rosoboronexport is part of the country’s defense giant Rostec. The group will help Crimea-based defense firms complete their arms export contracts, Rostec said in a statement. “The Federal Service For Military-Technical Cooperation has drafted a presidential decree which establishes the rules of importing and exporting military equipment [made in Crimea],” the statement said. “Under the new rules, Rosoboronexport will serve as an intermediate.” This means that about 30 companies located in the Crimean peninsula, including shipbuilders, aviation and ammunition plants, will be integrated into Russia’s defense industry. In March, Russia annexed Uk...

Full article: http://www.defensenews.com/article/20140529/DEFREG01/3052...

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