Interest in Russian Weapons Rising After Ukrainian Operations: FSMTC Official
Foreign buyer interest in Russian weapons has increased after their performance in Ukraine going by the number of international delegations visiting the just-concluded Army 2022 arms show near Moscow.
According to Dmitry Shugaev, Director of Federal Service for Military-Technical Cooperation (FSMTC), “the special military operation in Ukraine has significantly increased the interest of foreign partners in Russian weapons. Many of them, basing on available materials, evaluated their effectiveness in combat use.”
Shugaev told Defensemirror.com in an e-mail interview, “they (foreign buyers) were once again convinced of the high quality, reliability, durability and maintainability of Russian military products, which also made it possible to attract the attention of new potential buyers in various regions of the world.”
Also read: Rosoboronexport Signs 2 Contracts worth ~$400M with Foreign Customers at Army 2022
U.S. Not imposing sanctions against India for S-400 buy
After first threatening and later not imposing sanctions against India for buying S-400 air defense systems reflects “weakness” on the part of Washington, Shugaev said without elaborating.
“I want to say that we consider Western sanctions against Russian-Indian military-technical cooperation as unfair competition and pressure on the sovereignty of both Russia and India,” he continued.
“I can confidently say that, despite the undisguised and gross attempts by the United States to violate the sovereign rights of independent states (by threatening sanction for buying Russian weapons), our military-technical cooperation system allows us to protect both Russian manufacturers of military products and our foreign partners.”
Related news: How HIMARS and Sanctions Are Choking Russia's Weapons Trade
Alternative to U.S. Dollar, Euro payments welcomed by Customers
Following U.S. financial sanctions, payments in the U.S. Dollar and Euro in arms export transactions have been reduced to a minimum, said Shugaev.
“Russian countermeasures against sanctions consist of a tailored approach to each of our customers, offering attractive conditions when concluding contracts, adjusting the payment forms and providing more flexible schemes, abandoning the dollar and switching to other currencies, including national ones,” the FSMTC director said.
“Many of the anti-sanction measures developed by the FSMTC of Russia are welcomed by our partners, as they are mostly in line with their national strategic interests,” he said.
Defensemirror has learnt that moving away from hard currency is largely welcomed by foreign buyers. A representative of a Middle Eastern country told this correspondent at the Army 2022 show, "earlier Russia demanded payment in dollars. But now they are happy to take our currency at the prevailing dollar rate. This is good for us."
Military delegations from 85 countries visit Army 2022 Forum
According to information released by Army 2022 organizers, the Forum was attended by official military delegations from 85 foreign countries, including 18 high-level ones. The total number of representatives of foreign military departments was 700 people.
Some 160 bilateral meetings were held with foreign partners, including: 17 with the Russian Ministry of Defence, 34 with FSMTC of Russia and 109 with Rosoboronexport.
Rosoboronexport Initiates Potential Contracts Worth $14.5B at Army 2022
Rosoboronexport to Exhibit 200 Pieces of Export-Oriented Weapons at ARMY 2022
About 50 Foreign Delegations, 1500 Enterprises to Participate in Russia's Army 2022
Russian Helicopters, Rosoboronexport Sign Contract to Export Upgraded Mi-171E Choppers
Israel Forcibly Displaced 1.9 Million of Gaza's 2.2 Million Inhabitants: Human Rights
South Korea Unveils New Supersonic Air-Launched Anti-Ship Missile at 2024 Sacheon Airshow
Artillery Procurement from Elbit Systems-Danish Investigation finds Irregularities
General Atomics' Gray Eagle STOL Achieves First Takeoff from South Korean Warship
Russian Su-57 and Chinese J-20 as Alternatives to the American F-35 Stealth Fighter
As the Russian Su-57 stealth fighter jet enters serial production, the debate over how it stacks up against the American...
NATO’s Intensified Exercises a Prep to Attack Russia?
Recent NATO exercises such as the BALTOPS-24, Steadfast Defender 2024 and its first-ever Basic Fighter Maneuvers exercise have been its...
Precision in the Skies: The Evolution of Loitering Munitions
Loitering munitions - drones that hover over a target and blow up near it - have become the weapon of...
Is the Patriot Air Defense System Outdated?
After Israel revealed its decision to decommission its U
Russia's Growing Influence in Africa: Arms Sales and Military Bases
Russia's expanding influence in Africa, demonstrated by arms sales, military deployments, and diplomatic engagements, reflects a significant geopolitical shift on...