Putin discussed with Mr Manturov and Oreshkin diversification in the defence sector

© RIA Novosti / Alexei Nikolskiye in potomacfever Putin during a meeting with Minister of industry and trade of Russia Denis Manturov and the Minister of economic development of Russia Maxim Oreshkin. 23 September 2017Putin discussed with Mr Manturov and Oreshkin diversification in the defence sector© RIA Novosti / Alexei Nikolskiye the image Bank

Russian President Vladimir Putin at a meeting with Minister of industry and trade Denis Manturov and Minister of economic development Maxim Oreshkin reminded about the task of diversification of production in the sphere of military-industrial complex.

«We talked about the fact that a significant growth of labour productivity show a defense, which, of course, can not but rejoice, but we have still another problem exists — the diversification of this part of our economy», — said the head of state on Saturday.

He stressed the importance of the growth of labour productivity was achieved not only due to military production, but also in the transition to civilian products.

In turn Manturov said that the diversification of the defence industry laid as one of the guidelines in all government programs. He noted that defence companies have good knowledge of medical equipment, products for oil & gas engineering and others.

«Therefore, according to the parameters that you are instructed to do by 2030 to enter the parameter 50% of the production of civilian segment of the defence industry — we go with a little even ahead of schedule,» — said Manturov.

He suggested that by 2020, the production of civilian products of the defense industry will be 20% instead of the planned 17%.

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