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Russian arms group warns it may halt exports as Ukraine war demands surge

Rostec chief Sergei Chemezov, an ally of Vladimir Putin, also blames high interest rates for making overseas sales difficult

Russian state weapons group Rostec may halt exports of its high-tech goods including jets, air defence systems and ships to fulfil the demands of Moscow’s war in Ukraine, its chief executive has warned.

“Unfortunately we cannot deliver everything [for export] in time, because first and foremost it is important to supply our army,” Sergei Chemezov told senators on Wednesday.

Chemezov’s comments highlight how surging domestic demand is putting pressure on Rostec, forcing it to send nearly all of its military hardware to the Russian army instead of selling it abroad.

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