Russia to Crack Down on Arms Sales Dumping

The Russian Defense Ministry and the Federal Service for Military-Technical Cooperation (FSMTS) have agreed to join forces to ensure arms delivered to the Russian army and their export variants are sold at the same prices, the FSMTS said on Thursday. The Defense Ministry and the FSMTS will join forces to ensure Russian arms manufacturers maintain competitive pricing policies, and do not sell weapons abroad at dumping prices, the service says. The FSMTS is the state agency which oversees military cooperation with other states. “This cooperation will ensure strict implementation of state pricing policy in the area of arms manufacturing, and will prevent companies from setting export prices lower than those for domestic customers,” the FSMTS said in a statement on its website.

http://en.ria.ru/business/20130314/180017700/Russia-to-Crack-Down-on-Arms-Sales-Dumping.html