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Russia to counter sanctions with increased army spend

4th August 2014 - 08:57 GMT | by Eugene Gerden in St Petersburg


The Russian government plans to increase defence spending to one-quarter of the federal budget by 2017.

This is due to sanctions imposed on the country, which has resulted in the suspension of imports of many military products and technologies from abroad and the majority of funds will be allocated for the purchase of new weapons for the Russian Army.

Russia wants to find ways to replace supplies of non-Russian equipment and components imported from abroad that have been suspended due to sanctions.

According to a Russian MoD spokesperson a significant part of the funds will be allocated to replace the

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Eugene Gerden


Eugene Gerden

Eugene Gerden is a Shephard correspondent based in St Petersburg.

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