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Thursday, July 31, 2014

Russia Can Build Own Mistral Warships, Rogozin Says

RFS VladivostokDeputy Prime Minister Dmitry Rogozin on Wednesday said that the latest U.S. sanctions demonstrate fear on the part of Russia's adversaries, and that Russia can build its own Mistral warships if France fails to deliver the two vessels.

On Tuesday, the U.S. announced a new round of sanctions that target, among other things, Russia's United Shipbuilding Corporation, an industry conglomerate that controls Russia's network of shipbuilding enterprises.

The sanctions, which are aimed at punishing Russia over its alleged involvement in the Ukraine crisis, freeze any assets the shipbuilder might hold in the United States and bans all U.S. transactions with it, Reuters reported.

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