17 Jul 2014

Official statement from the Rostec Corporation with respect to the United States of America sanctions


Currently, the analysts are conducting a full study on the effects of the sanctions imposed by the United States of America against several holding companies of the Corporation.

Now it is possible to say that the measures taken by Washington will have a negative impact on the cooperation of several Russian and American companies, threatening to undermine mutual trust. Rostec has been building the trade relations with its U.S. partners for years. Our Corporation and American colleagues are interested in a mutually beneficial cooperation. Today, the Corporation is implementing several global projects with companies of the United States of America, and their freezing may have a negative impact on the economies of both countries.