: :inin Kyiv (EET)

Study: Embargo wouldn’t hurt Russia


European Union countries exported $583 million of military equipment to Russia last year, less than 1 percent of the nation’s $68 billion defense budget, according to a study by IHS Jane’s, which provides analysis on the defense industry and security issues.

The propriety of arms sales to Russia was questioned last week as the U.S. and EU debated tougher sanctions against President Vladimir Putin’s government because of its support for Ukrainian rebels, who are believed to have fired the missile that brought down Malaysia Airlines Flight 17, killing all 298 people on board.

Many of the existing arms deals are the product …read more

Source: San Francisco Chronicle

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