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European arms exporters refuse to participate in Russia Arms Expo over sanctions

August 24, 2015, 17:39 UTC+3 MOSCOW
Arms exporters from Turkey, Italy, South Korea, China and the United Arab Emirates will display their products at the Urals show
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Russia Arms Expo (archive)

Russia Arms Expo (archive)

© ITAR-TASS/Vladimir Smirnov

MOSCOW, August 24 /TASS/. Some European arms exporting firms have been banned from coming to the Russia Arms Expo - 2015 (RAE-2015) exhibition because of the anti-Russian sanctions, Alexey Zharich, the state secretary and deputy director of the UralVagonZavod trade and production company, told TASS on Monday.

"The political situation has certainly left its impact. Despite their wish to come, many companies have been forced to stay away from the exhibition. We maintain expert contacts with many European colleagues. They say they would be glad to come but they are forbidden to do that from above," Zharich said ahead of RAE-2015 that will take place in Nizhny Tagil, Russia’s Urals region, on September 9-12.

He added that arms exporters from Turkey, Italy, South Korea, China and the United Arab Emirates would display their products at the Urals show. According to Zharich, the number of delegations will exceed the number of companies.

"Even the United States is sending a delegation to RAE-2015," Zharich stressed.

Russian biggest tank manufacturer's export portfolio stands at $3bln

he export orders portfolio of Russia’s Uralvagonzavod (UVZ) machine building company has reached $3 billion, Alexey Zharich has told TASS.

"The UVZ currently fulfills export orders worth $3 billion. Besides, the pre-contract work with other foreign customers who are not yet in this portfolio is underway at various stages," said Zharich.

Uralvagonzavod is not planning to sign any contracts at the upcoming Russia Arms Expo-2015 (RAE-2015) international exhibition, he said. The event will be held in Nizhny Tagil, in Russia’s Urals region, on September 9-12.

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