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Reuters
Reuters
Business

Sanctions prevent Moscow from retaining military capabilities -Germany's Scholz

German Chancellor Olaf Scholz speaks during a news conference with Lithuanian President Gitanas Nauseda, Estonian Prime Minister Kaja Kallas and Latvian Prime Minister Krisjanis Karins in Vilnius, Lithuania June 7, 2022. REUTERS/Janis Laizans

Moscow will not be able to retain its military capabilities due to tough Western sanctions imposed as a result of Russia's invasion of Ukraine, German Chancellor Olaf Scholz said on Tuesday.

"We have far reaching sanctions now that will set back the Russian economy by decades, that means it will not be able to participate in global economic and technological progress," Scholz told reporters during a visit in Vilnius.

"We know from reports that this means that Russia will not even be able to retain its military capacities at the same level," he said, adding Moscow had in the past abused imports of civilian goods for military purposes.

(Reporting by Andrius Sytas, Sabine Siebold and Rachel More; Editing by Miranda Murray)

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