RUSSIA’S SANCTIONS SOFT UNDERBELLY: PRECISION MACHINE TOOLS

On 13 June, an article in BNE Intellinews says that there is one place that Russia is truly vulnerable.  It imports almost all of its precision machine tools and the majority of them come from Western Europe and the US, as its own once legendary machine tool sector was destroyed in 1991 and never rebuilt.  Russia is planning to revive the sector.

https://www.intellinews.com/long-read-russia-s-sanctions-soft-underbelly-precision-machine-tools-213024/

 

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Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

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