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Russian Federation : COMBAT Vehicle Project with Russia suspended by Renault.

France's Renault Trucks Defense, or RTD, has efficiently postponed its involvement in the French- Russian project of developing Atom armored personnel carrier in retaliation to Moscow's policy in Ukraine and the annexation of Crimea.

The Russian Burevestnik enterprise, a unit of Uralvagonzavod tank-maker, and RTD, owned by the Swedish Volvo group started the Atom project.

Swedish suppliers, which were going to offer the engine and some other elements for the vehicle, were the main initiators of freezing the cooperation for fear that this equipment could potentially be used against NATO member Sweden.

RTD representatives said that it was still too early to talk about a full suspension.

Mark Chasillian, RTD marketing director said, "The project has come to a standstill because of the political situation you all know about, but I would not say it has been fully stopped . However he said that the company's activities fell within possible government restrictions. He said that do if the Swedish government tells RTD not to supply the engine, it will have to obey.

Sweden has continually advised Russia it may freeze the Atom deal with Uralvagonzavod, as it supports NATO appeals to suspend military relations with Russia because of the crisis in Ukraine. Nato countries' foreign ministries have claimed that Russia's actions are undermining international norms and the trust between Russia and the bloc.

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Publication:Mena Report
Geographic Code:4EXRU
Date:Apr 7, 2014
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