USC: Russian shipbuilders taking the path of full substitution
Russian military ship builders have plans to achieve one hundred percent of import substitution, entered the U.S. punishment will have a minimal impact, said the head of the United shipbuilding Corporation (USC) Alexey Rakhmanov.
On Tuesday, the US imposed sanctions against VTB, Bank of Moscow and Russian agricultural Bank, banning U.S. citizens and companies can buy fresh issues of their shares and to provide them with fresh loans for the period more than 90 days. All other operations with these banks punishment is not affected. Under tighter limits fell United shipbuilding Corporation (USC): its assets frozen in the United States and all operations with her American legal entities and citizens is prohibited.
" of course, in this situation for the purposes of military shipbuilding wholly substitution is the right solution