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01:25 PM, September 8, 2014
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Putin Dissolves Two State Defense And Arms Procurement Bodies

Russian President Vladimir Putin has approved a proposal to dissolve two state defense and arms procurement bodies and redistribute their functions among other state agencies and ministries.

According to reports, the two state bodies proposed by Prime Minister Dmitry Medvedev to be liquidated are the Federal Service for Defense Contracts (Rosoboronzakaz) and the Federal Agency for Weaponry, Military and Special Equipment and Material Facilities Procurement (Rosoboronpostavka).

Medvedev said that the functions of the two agencies at the issue would be redistributed between the Industry and Trade Ministry, the Federal Antimonopoly Service and the Audit Chamber, Itar-Tass reported.

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