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2/20/12

Arms Race? Russia to boost arsenal to protect resources, Putin says

Russia needs to modernize its military arsenals to deter others from grabbing its resources, Russia's Prime Minister Vladimir Putin says in an article published Monday.

Putin, who is running to reclaim presidency in March 4 election, didn't name any specific nation eyeing Russian mineral riches, but in the past he had repeatedly accused the United States of trying to weaken Russia in order to sideline a rival. "We mustn't tempt anyone with our weakness," Putin wrote in the government daily Rossiyskaya Gazeta.

Putin said the government plans spending about 23 trillion rubles (about EURO 500 billion) over the next decade to purchase more than 400 intercontinental ballistic missiles, more than 600 combat aircraft, dozens of submarines and other navy vessels and thousands of armoured vehicles.

For more: Russia to boost arsenal to protect resources, Putin says - World - CBC News

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