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Should NATO sell arms to Russia?

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Dmitry Gorenburg makes the case:

First of all, countless studies have shown that greater ties between states reduce the likelihood of conflict between them. If France or Germany sell military equipment to Russia, they not only establish closer ties between their militaries, but they also make the Russian military more dependent on NATO military equipment. Cold warriors seem to think that the dependency argument only runs in one direction â?? Western states who sell to Russia wouldnâ??t want to lose sales, so theyâ??ll do whatever Russia wants. But the road of mutual dependence is a two way street. If Russia starts buying certain categories of military equipment from abroad, its domestic defense industry will likely lose whatever capability it still has to produce that category of equipment. Russia will then depend on NATO states for the procurement (and perhaps maintenance) of its military equipment. In that situation, Russian leaders will have to think twice before undertaking any actions towards NATO that are sufficiently hostile as to result in it being cut off from access to such equipment.

I'm usually of the mind that the advantage bestowed by Western military equipment is something that should be jealously guarded and not promiscuously sold to the highest bidder. I see the logic in Goreburg's point: that it would deprive Russia of the domestic capacity, leaving them dependent. But I think the idea that Europeans would "deny access" to weapons systems should they begin to disapprove of Russian behavior is a stretch. They were, until recently, reluctant to do so with Iran. Would they really do so with Russia?