Sistema reports arrest of its stakes in MTS, Medsi, BES as part of dispute with RosneftBusiness & Economy June 26, 20:58
Russian submarine successfully test-fires Bulava intercontinental missileMilitary & Defense June 26, 19:20
Rosneft and RBC reach friendly settlement on defamation lawsuitBusiness & Economy June 26, 18:50
Number of centers issuing FAN IDs to be increased ahead of FIFA Confederations Cup FinalSport June 26, 18:33
News about anti-doping probe against Russian football team players is fake — executiveSport June 26, 18:25
Putin refers to State Duma Council of Europe convention against financing terrorismRussian Politics & Diplomacy June 26, 18:15
Russia to lay down 2 diesel-electric submarines for Pacific Fleet in JulyMilitary & Defense June 26, 18:07
Russia’s Khramtsov wins first gold at 2017 World Taekwondo ChampionshipsSport June 26, 18:03
Russian Navy to get four frigates by 2020Military & Defense June 26, 17:41
“We are not going to shoot ourselves in the leg. They are organising sanctions in such a way that they will boomerang on their head. But we will continue to do (with the US) what benefits us and we will suspend what does not. Presently, the sale of engines benefits our engine-making enterprises in that they use the money for their own modernisation,” Rogozin said.
“We need the most modern engines that produce more thrust. In order to design them, we need free money. This is why we are prepared to sell them …taking the sanctions very pragmatically,” he said.
On the whole, he observed, the sanctions against Russian defense enterprises would affect the European defense sector. “All these sanctions are an anti-European technological policy of the United States. They are targeting Russia but in reality they are delivering an enormous blow to relations inside Europe and European industry,” he said.
Rogozin said France, Germany and Italy were interested in joint arms projects. “In other words, we make a helicopter and, say, Belgium supplies weapons for it. Now these plans will be scrapped,” he said.