Rosoboronexport: Russia left half of arms market due to not being competitive
MOSCOW. March 27 (Interfax-AVN) - Russia has dropped out of about 30 sectors of the global arms market or is in the process of doing so, chief of the Rosoboronexport general director's advisory team Alexander Brindikov said on Friday.
"We are monitoring 64 sectors. We have either quit practically half of market segments or are leaving them now," he said at a meeting of the Federation Council's Expert Board.
This is not about marketing, Brindikov added.
"The reason is that we are not competitive in these segments," he said.
Ukraine amongst others is Russia's rival on the market of armed vehicles, the advisor said.
"We have a very serious rivalry with China and, naturally, with Germany. I would say that Ukraine has also challenged us," Brindikov said.
Ukraine has become a stronger rival in the sales of armored personnel carriers, he said.
"So, we have left because we are not competitive. We have problems with the industry, with the delivery of such vehicles," Brindikov noted.
