https://en.sputniknews.africa/20231001/effect-of-russia-sanctions-decreasing-unable-to-stop-defense-industry-growth-reports-1062475837.html
Effect of Russia Sanctions Decreasing, Unable to Stop Defense Industry Growth: Reports
Effect of Russia Sanctions Decreasing, Unable to Stop Defense Industry Growth: Reports
Sputnik Africa
MOSCOW (Sputnik) – Western sanctions have failed to cripple Russia's economy over the past year and a half, with nearly 15,000 sanctions imposed, leading... 01.10.2023, Sputnik Africa
2023-10-01T17:37+0200
2023-10-01T17:37+0200
2023-10-01T17:37+0200
russia
germany
united kingdom (uk)
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anti-russian sanctions
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The effect of sanctions against Russia is getting weaker, with the restrictions failing to prevent the country from increasing its military production, German newspaper Frankfurter Allgemeine Zeitung (FAZ) reported on Sunday, citing representatives of the Ukrainian government and experts from Germany and the United Kingdom. Since the end of 2022, Russia has been "substantially" increasing its budget spending on military production, the newspaper reported, citing the German Foreign Ministry. Moscow keeps importing sanctioned goods for the defense industry to the same extent it had before the start of its military operation in Ukraine, the newspaper said, adding that Russia was becoming more and more successful in circumventing a price cap imposed by the West on oil exports from the country. There is a growing production of tanks, other armored vehicles, munitions, missiles, drones and some types of fighter jets, the newspaper said. At the same time, sanctions still have an impact on the development of Russia's defense industry, FAZ also reported, saying that it could develop even faster if the country had more digital production equipment.
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russia, germany, united kingdom (uk), sanctions, us sanctions, anti-russian sanctions, west, international
russia, germany, united kingdom (uk), sanctions, us sanctions, anti-russian sanctions, west, international
Effect of Russia Sanctions Decreasing, Unable to Stop Defense Industry Growth: Reports
MOSCOW (Sputnik) – Western sanctions have failed to cripple Russia's economy over the past year and a half, with nearly 15,000 sanctions imposed, leading Russia to explore new markets and focus its attention on countries in the Global South.
The effect of sanctions against Russia is getting weaker, with the restrictions failing to prevent the country from increasing its military production, German newspaper Frankfurter Allgemeine Zeitung (FAZ) reported on Sunday, citing representatives of the Ukrainian government and experts from Germany and the United Kingdom.
Since the end of 2022, Russia has been "substantially" increasing its budget spending on military production, the newspaper reported, citing the German Foreign Ministry. Moscow keeps importing sanctioned goods for the defense industry to the same extent it had before the start of its military operation in
Ukraine, the newspaper said, adding that Russia was becoming more and more successful in circumventing a price cap imposed by the West on oil exports from the country.
There is a growing production of tanks, other armored vehicles, munitions, missiles,
drones and some types of fighter jets, the newspaper said. At the same time, sanctions still have an impact on the development of Russia's defense industry, FAZ also reported, saying that it could develop even faster if the country had more digital production equipment.
