Russia is trying to hedge risks related to instances of unfair competition on the part of the United States in the market of military and technical cooperation. It will fight such instances, said Russian Presidential Press Secretary Dmitry Peskov, commenting on the recent statements of the US State Department that announced that Russia had lost contracts with some foreign countries amounting to more than $3 billion due to new US sanctions, RBC news agency reports.
"You know, it's a very, shall we say, sensitive area of military-technical cooperation. And it is not an area which is subject to increased transparency, for obvious reasons. I can just say that everything is fine, certainly, we are trying to hedge risks related to instances of unfair competition on the part of the United States in the market of military-technical cooperation," Peskov said. According to him, Russia will naturally fight such manifestations.
The previous day, US State Department Spokeswoman Heather Nauert said during the regular briefing that Russia had lost contracts worth $3 billion due to new sanctions that Washington is going to impose on foreign countries for initiating transactions with companies of the Russian defense sector.
She added that the United States would impose sanctions against countries, individuals and entities connected with the transactions, conflicting with CAATSA, the bill “On Countering America’s Adversaries Through Sanctions Act.”
CAATSA was signed by President of the United States Donald Trump on August 2, 2017. 39 Russian defense companies and intelligence agencies made the list of Russian companies and agencies that are prohibited from concluding transactions.
Almost half of the positions in it are taken by Rostec and its daughter companies, including Rosoboronexport, which is a state monopoly for arms export and import. The list also included the Federal Security Service, the Foreign Intelligence Service and the Main [Intelligence] Directorate of the General Staff.