Russian President Vladimir Putin on Thursday acknowledged that Western sanctions were disrupting Russia’s supply chains, but said they would not cut off access to technology, Reuters reported. Russia-Ukraine war, day 92 LIVE TEXT
Vladimir Putin At a plenary session of the Eurasian Economic Forum in Kyrgyzstan on Thursday, he said Russia would continue to find substitutes for imports to which it was no longer available, even if it was not an “epidemic,” Reuters reported.
Russia has become increasingly isolated from the West since invading Ukraine three months ago. Dozens of companies have left the country forever, and unprecedented Western sanctions have affected its economy and business. “Of course, the representatives of our business have problems, especially in the sphere of supply chains, transport, but, nevertheless, everything can be adjusted, everything must be built anew.Putin said.
“Although there are losses at a certain stage, but it helps us to become stronger in some way, in any case we definitely gain new skills, we start concentrating our economic, financial and administrative resources on new areas of development.. Putin said that the best result for the Russians could be the withdrawal of foreign companies from the Russian market.
He acknowledged Russia’s need for access to foreign technology, adding that “we will not cut it, they want to impose it on us, but in the modern world it is simply unrealistic, impossible.” He did not explain how Russia would find ways to maintain access to Western software components.
Referring to the United States, Putin said that no “global gendarme” would be able to weaken countries such as Russia, China, and many others, which he called “independent politics.”
Putin. Those who try to isolate us harm themselves. Record inflation in the West due to sanctions
Putin also said, according to the Corriere della Sera, that the record inflation in the West is due to sanctions, that the decision of the Europeans to freeze the assets of billions of euros of Russian oligarchs is “theft.” “The theft of goods by the West will not bring anything good.” According to the Russian leader, those who try to isolate Russia are harming themselves. “Russia is competitive and continues to be the world’s largest exporter of wheat. “We are getting stronger through sanctions.”
Putin called on the partners of the Eurasian Economic Union to choose “natural” partners at the expense of “highly developed” economies.
The Russian president called on the partners of the Eurasian Economic Union to choose “natural” partners – neighbors at the expense of other “highly developed” economies, CNN reports. The Russian leader added that there are more than 180 projects worth $ 300 billion on the agenda of the Eurasian Economic Forum.
The Eurasian Economic Union is a post-Soviet economic union initiated by Russia in 2015 with the aim of creating a single market that includes Russia, Belarus, Kazakhstan, Armenia and Kyrgyzstan.
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