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Friday, January 16, 2015

Import substitution plans

Deputy Defense Minister Yury Borisov Plans to replace imports from NATO countries will be presented to President Vladimir Putin at the next meeting of the state military-industrial commission, Deputy Defense Minister Yury Borisov told reporters on Tuesday.

Work was complete on developing import substitution plans though replacing equipment sourced from the western military alliance, notably electronic components, might be more difficult than turning away from Ukrainian products, Borisov said.
Substitution policy was not uncommon in globalization conditions in which most countries used imported parts, he added, citing United States' purchase of up to 60% of electronic components from south-east Asia.

The Russian Defense Ministry is ready to face difficulties in connection with the use of imported parts to fulfill state orders, the deputy defense minister said.

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