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Rostec to redirect exports from US to Southeast Asia, Russia

September 19, 2014, 18:56 UTC+3 IZHEVSK
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IZHEVSK, September 19. /ITAR-TASS/. State-owned industrial corporation Rostec will redirect its exports from the US to Southeast Asia and Russia, CEO Sergey Chemezov told reporters Friday.

In July, Russian arms producer Kalashnikov, Rostec’s unit, was hit by the US sanctions, which prohibited the company from supplying its products to the country.

In September, the EU prohibited sales of so-called dual-use technologies to several Rostec’s units, including Kalashnikov, mechanical engineering company Stankoinstrument and electronic-optics company Sirius among others.

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