Rostec CEO sees China as “strategic partner”

Russia’s state-owned defense conglomerate Rostec sees China as a “strategic partner”.

Rostec chief executive, Sergey Chemezov, says the group has expanded cooperation with China, from exporting aircraft and engines to jointly researching on advanced weapons and equipment.

“With regard to production, we are very much interested in the joint development of heavy lift helicopters, and are seeking inter-governmental cooperation.”

Chemezov says, firms under Rostec are cooperating with Chinese companies to do R&D for heavy lift helicopters and wide-body aircraft, which have become strategic cooperation projects between Russia and China.

They hope the aircraft could, in the future, take a significant portion of the international market, apart from increasing trade between the two countries.

Rostec, founded in 2007, is a state corporation that promotes production and export of high-tech industrial products for civil and defense sectors. It brings together more than 700 entities.

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