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No serious restrictions for Rostec because of US sanctions - general director

December 27, 2015, 5:05 UTC+3 MOSCOW
"We do not see serious restrictions. There were restrictions on purchasing components from Europe, Ukraine," Sergey Chemezov said
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© Sergei Fadeichev/TASS

MOSCOW, December 26. /TASS/. Russia’s Rostec state corporation general director Sergey Chemezov has said there are no serious restrictions connected with sanctions imposed by the United States.

"We do not see serious restrictions. There were restrictions on purchasing components from Europe, Ukraine. For today, we have already substituted those purchases we made earlier in Ukraine or in Europe," Chemezov said in the program "News on Saturday with Sergey Brilev" on Rossiya 1 TV channel.

He noted that Rostec purchased nothing from the United States. "We are buying now no South-East Asia, in China. The quality is the same, by the way, as in Europe. China has learned to made high-quality products. We produce a lot by ourselves and will continue to do so. I hope that by the end of 2017 we will complete the program of import substitution," he added.

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