KIEV, January 11, /ITAR-TASS/. Strengthening of cooperation with Russia in the military-industrial complex will give an additional impetus to the development of Ukraine’s economy, said Valery Muntiyan, the government’s commissioner for cooperation with the Russian Federation, member-countries of the Commonwealth of Independent states, the Eurasian Economic Community and other regional associations.
“It is important to preserve and develop military-technical cooperation and industrial relations with Russia in the mid-term,” Muntiyan said.
About 400 enterprises of the Russian military-industrial complex depend on Ukrainian components while about 70 percent of suppliers for Ukraine’s military-industrial complex are located in Russia, he said.
Cooperation will strengthen Ukraine’s defence potential, attract investments and innovation, increase Ukraine’s competitiveness and stimulate the development of related branches, primarily metallurgy, the chemical and petrochemical industry, machine-building, the machine-tool and tooling industries. This will help develop agricultural machine-building, civil shipbuilding, communication, electronic industry, aircraft, space and medical spheres, light and food industries and other branches, the government official said.
“There is demand on our technology and our products in the defence sector. It is necessary to use this factor because we will be able to keep jobs,” he said, adding “Our export potential will also increase and we’ll have a change to enter the markets of third countries.