Latest news with #militarycooperation
Al Arabiya
2 hours ago
- Business
- Al Arabiya
Putin says Russia plans to deepen military-technical ties with ‘friendly countries'
President Vladimir Putin said on Friday that Russia intends to develop military and technical cooperation with 'friendly countries' with whom Moscow wants to jointly produce arms and train military personnel. In a speech at Russia's showcase economic forum in St Petersburg, Putin said Moscow also planned to modernize its own armed forces and their bases by equipping them with the latest weapons and technology. 'We will harness new technology to improve the combat capabilities of the Russian armed forces, modernize military infrastructure facilities, (and) equip them with the latest technology and weapons and equipment,' he said. 'At the same time, we intend to develop military-technical co-operation with friendly countries. And we are talking not only about supplies or the modernization of equipment and weapons, but also about joint development, personnel training, and the creation of turn-key enterprises and production facilities,' he said. Talking about global trade, Putin said Russia planned to develop trade ties with its partners by removing barriers, opening up market niches and deepening investment cooperation.
Reuters
2 hours ago
- Business
- Reuters
Putin says Russia plans to deepen military-technical ties with 'friendly countries'
ST PETERSBURG, Russia, June 20 (Reuters) - President Vladimir Putin said on Friday that Russia intends to develop military and technical cooperation with "friendly countries" with whom Moscow wants to jointly produce arms and train military personnel. In a speech at Russia's showcase economic forum in St Petersburg, Putin said Moscow also planned to modernise its own armed forces and their bases by equipping them with the latest weapons and technology. "We will harness new technology to improve the combat capabilities of the Russian armed forces, modernise military infrastructure facilities, (and) equip them with the latest technology and weapons and equipment," he said. "At the same time, we intend to develop military-technical co-operation with friendly countries. And we are talking not only about supplies or the modernisation of equipment and weapons, but also about joint development, personnel training, and the creation of turn-key enterprises and production facilities," he said. Talking about global trade, Putin said Russia planned to develop trade ties with its partners by removing barriers, opening up market niches and deepening investment cooperation.
NHK
14 hours ago
- Business
- NHK
Indonesia's Prabowo meets Putin to deepen ties with Russia
Indonesian President Prabowo Subianto has held talks with Russian President Vladimir Putin, showing his willingness to step up ties with Moscow. The two leaders met on Thursday in St. Petersburg, where an international economic forum is underway. Putin began the meeting by saying Russia's relations with Indonesia are developing steadily. He said there are good prospects in various areas of cooperation, including agriculture, space, energy and military technology. In response, Prabowo thanked Russia for having helped Indonesia to become a full member of the BRICS group of emerging economies this year. He said relations continue to improve, adding that there have been many advances in various fields, and the economy is improving. Prabowo had turned down an invitation to the Group of Seven summit because his trip to Russia had been previously scheduled. Observers say he apparently thought meeting with Putin would be more beneficial for his country. Indonesia, with its non-aligned diplomatic policy, has not sided with Western nations that have imposed sanctions on Russia over its invasion of Ukraine. Jakarta has shown interest in deepening cooperation with Russia in many areas. The two countries held their first joint naval drills last year.
NHK
a day ago
- Business
- NHK
N.Korea to send workers to Russian drone factory to gain expertise
NHK has learned that North Korea is considering sending workers to a drone manufacturer in Russia to boost production in exchange for training in how to operate the unmanned aircraft. Military cooperation between Russia and North Korea continues to deepen as Russia increases its production of drones amid its invasion of Ukraine. North Korea, meanwhile, aims to strengthen its military. The two countries signed a comprehensive strategic partnership treaty last June that requires each side to provide military assistance in case of contingency. Pyongyang has since deployed troops to Russia. NHK learned of the plan from diplomatic sources in the West and Russia. The factory in question is said to be in the Alabuga Special Economic Zone in the central Russian republic of Tatarstan. A total of 25,000 workers from North Korea are to be dispatched there.
Yahoo
2 days ago
- Business
- Yahoo
Hungary discussing business deal with US to counter tariff impact
By Catarina Demony LONDON (Reuters) -Hungary and the United States are discussing a business deal that could involve cooperation in the space industry and military capabilities, a Hungarian official said on Wednesday, aiming to offset the impacts of potential U.S. tariffs. Hungarian foreign ministry state secretary Levente Magyar provided details of the talks on Wednesday, stating that while a swift agreement is not anticipated, they hoped to reach agreement on energy, space and military projects. "We are talking about a few specific projects that could be enveloped into such an agreement," Magyar told Reuters on the sidelines of an event at the Hungarian embassy London. "There's a lot of room for working together." "We very much hope that big things can be done for the benefit of the Hungarian people," Magyar said, without providing a timeline as the U.S. administration currently has "a lot on their hands". Hungarian Prime Minister Viktor Orban, an ally of Trump, said in April that Hungary expected to sign a business deal with the U.S. in six months. Without providing further detail, Orban said "tariffs will be negative for us but we negotiate about other economic deals to offset those (tariffs)". European Union member Hungary's car industry is a key driver of its economy but faces a potential hit from U.S. tariffs while the country contends with a slower than expected economic recovery and tries to curb inflation ahead of 2026 elections. Magyar acknowledged Hungary would not be able to have a separate trade deal with the U.S. given its obligations as a EU member state but that they still hoped to reach a business deal. Trump backed away from his threat to impose 50% tariffs on imports from the EU this month, restoring a July 9 deadline to allow for talks between Washington and the 27-nation bloc to produce a deal.
