Russian industry must speed up transition to import-substitution - Putin
NOVO-OGARYOVO. July 28 (Interfax) - Russian President Vladimir Putin has tasked the national industry to expedite its transition to import-substitution to avoid political risks of reneging on contracts.
"The issues we are discussing are certainly key to Russia's military and economic security, to our technological and production independence, our technological sovereignty. Our task to protect ourselves against the risks of contracts being reneged by our foreign partners, including risks of a political nature," the president said at a meeting that focused on import-substitution.
The meeting focused "on speeding up the import-substitution efforts in the national defense industry and on the broadest possible transition to domestically-produced materials and parts for special hardware and weapons," the president said.
