World arms market to regain pre-crisis rates in 2023 - Russiaâs deputy defense minister
Alexander Fomin stressed that the decline in world economic growth rates had caused world military spending and arms purchases to shrink
MOSCOW, December 27. /TASS/. The world market of military products will get back to the growth rates that were observed before the novel coronavirus pandemic no earlier than 2023, Russia’s Deputy Defense Minister Alexander Fomin told the government-published daily Rossiiskaya Gazeta in an interview. The novel coronavirus pandemic has greatly harmed the world economy. According to experts’ estimates, the world GDP may go down by 4%-5% in 2020-2021 in contrast to 2019. Regrettably, Russia’s main partners in the field of military-technical cooperation, such as Algeria, Egypt, India, China and others, are among the hardest-hit, Fomin said.
Russian Defense Ministry does not rule out US might revise its stance on New START
Deputy Defense Minister Alexander Fomin stressed that the United States had for a long time pushed ahead with a policy of building up its military potential
MOSCOW, December 27. /TASS/. The United States’ attitude to prolonging the Measures for the Further Reduction and Limitation of Strategic Offensive Arms (New START) may change by virtue of political reasons, Russia’s Deputy Defense Minister Alexander Fomin told the government-published daily Rossiiskaya Gazeta in an interview on Sunday. Russia invited the United States to prolong the New START and simultaneously get down to joint work to draft a new agreement that would take into account all factors influencing strategic stability. At the same time, as I have already said, the American side has different priorities, for which reason it has shown no interest in extending the treaty. In the light of the current political situation in the Unit
NATOâs activity near Russian borders may cause major incidents - deputy defense minister
Alexander Fomin stressed that he would strongly advise one and all to refrain from trying to treat Russia from the position of strength, contrary to calls by Germanyâs Defense Minister Annegret Kramp Karrenbauer in the Bundestag
MOSCOW, December 27. /TASS/. NATO’s growing air and naval activity may be fraught with the risk of major incidents, Russia’s Deputy Defense Minister Alexander Fomin said in an interview to the government-published Rossiiskaya Gazeta. The outgoing year saw a major upsurge in the alliance’s air and naval activity. Situations capable of resulting in major incidents have been ever more frequent, Fomin said.