Military spending

Russia Says "No" to Arms Race, "Yes" to Security Amid US Military Spending Plans

Russia will not to be drawn into an arms race but will take sufficient measures to strengthen its national security, Valentina Matvienko, the speaker of the Federation Council, the upper house of Russia's parliament, said Wednesday in a comment on the US administration's plans to increase defense spending.

"Russia will not be drawn into an arms race, we will analyze [the situation] and take measures sufficient to ensure national security," Matvienko said.

She added that "states' efforts should be aimed… at disarmament."

Matvienko stressed that the military-industrial lobby and NATO were making efforts to build up military spending. She expressed hope that there was an understanding in the world that the arms race was dangerous.