President Vladimir Putin says Russia will develop new weapons that will ensure
its security without entering a costly arms race with the West.
He said this yesterday after touring a shooting range outside
Moscow that some of the weapons he saw there looked like they came straight
from a science fiction movie.
He says Russia's military modernisation plans should be realistic
and take into account the current economic situation. The Russian economy is
facing a recession under a combined blow of Western sanctions over Ukraine and
slumping prices for oil, its main cash earner.
Without naming any country, Putin says Russia could respond to
military threats without spending as much as others on defence, adding that
"we can and should respond to that challenge".
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