Putin and Gebliev both frowned, while Rosiana looked unconcerned. She had not understood what Wang Ye meant.
After a moment of silence, Putin asked softly, "You mean the military industry? But even if it recovers to its peak, arms exports can only bring in so much money."
He had a point. During the Former Soviet Union era, arms exports had been an important part of Russia's foreign trade.
Back then, however, there had been many "little brothers." They really could sell quite a lot of weapons every year and make money from it.
But times had changed. Russia no longer had many little brothers.
They could hardly expect European and United States countries to purchase Russian weapons. This kind of thing was, in truth, more political than anything else.
Who bought from whom—and who did not—depended more on political considerations.
That was why United Aviation Group had become such a hot potato that no one had dared take it over. Fortunately, Wang Ye had stepped forward and revived the conglomerate.
Those subsidiaries had once been glorious in their own right. Who could have imagined they would fall to such a state?
Had their technology failed to keep pace with the times?
Not at all!
It was simply because after the Former Soviet Union collapsed, Russia's international standing had plummeted. Almost no countries came to buy their fighter jets anymore!
Putin had guessed the military industry only because, aside from that, there really was no other industry Russia could be proud of...
But Wang Ye shook his head and said decisively, "No. For quite a long time to come, we should not place too much hope in the military industry. As for the reason, I do not need to explain it further. I am talking about another industry: food!"
The three