Russia’s military spending will be slowly scaled down – Putin

Moscow is not seeking to get involved in a “pointless” new arms race, and will stick to “smart decisions” to strengthen its defensive capabilities, Putin said on Friday during an annual extended meeting of the Defense Ministry board.

READING MORE: Nukes and tanks a priority for Russian defense procurement next decade – report

“Intelligence, brains, discipline and organization” must be the cornerstones of the country’s military doctrine, the Russian leader said.

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