Russian Military Industry Set to Become Driver of Civilian Economy

Russian war preparations have now been shifted into high gear.

As you may recall from a previous post, the Russian lying game is a game the Russians play well, and it’s in play now as they mentioned plans to make the military industrial complex the main driver of the Russian economy.

To put this in simple terms, war will now be the main business for Russia.

 

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Workers of the JSC Uralvagonzavod assemble tanks on the production floor. In addition to its military production, the company is one of the largest scientific and industrial complexes in Russia. © Sputnik/ Sergey Mamontov

 

Economic analyst Dmitri Pskezin comments on the Russian government’s plans to successfully convert cutting-edge developments in Russia’s military sector to the civilian economy.

Last week, Deputy Prime Minister Dmitri Rogozin, responsible for the development of Russia’s defense industry, announced that by 2020, the country’s military-industrial complex would become the driver of the Russian economy.

According to the official, this will become possible “only when every defense enterprise…[is] subject to the logic of parallel development in civilian industry. And not just any production, but high tech products accompanying the production of military products.”

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EU wants stronger military industry

BRUSSELS – The European Commission on Tuesday (24 June) laid out plans on how to boost the EU’s military and defence industries.

It wants to create a single market on defence, make it more profitable, and intensify and merge research with the civil sector.

Antonio Tajani, the EU industry commissioner, said greater defence collaboration is needed between member states to enable the EU to “adequately face its security challenges”. Continue reading