Russia and China sign $300 billion deal to develop cyberwarfare capabilities

BY MARK ROBINSON Associated PressRussian President Vladimir Putin on Wednesday signed a deal to buy an unspecified amount of American technology to help Russia’s intelligence agencies develop cyberweapons, with the United States as a major supplier.

The Kremlin announced the purchase in a statement posted on its official website.

The deal is for $300.5 billion, according to the Russian news agency TASS, which cited sources familiar with the matter.

The United States is the country that has the most advanced cyber-defense capabilities, with about 100 U.S. companies and agencies working on cyber weapons.

Russia is the world’s largest exporter of military hardware and equipment.

“We are committed to working together with our international partners to develop and develop the most effective and reliable cyber warfare capabilities to counter the new threats of cyberspace,” Putin said in the statement.

The announcement was first reported by the Russian business daily Vedomosti.

Putin, who is seeking re-election next year, has said that Russia must respond to new cyber attacks on the country and the United Kingdom’s cyberattack on the presidential election last year.

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