Sechin praised Trump's plans to bolster the U.S. economy

The measures to support the US economy proposed by Donald Trump are quite adequate, Rosneft CEO Igor Sechin said.

According to him, they are about lowering taxes and rates, returning jobs to the real sector, protecting national producers and the domestic market.

"It's no surprise that Canada, Mexico, China, Europe will have to suffer. After all, Donald Trump is the president of the United States, not Mexico, Canada or China, to which new duties will be applied amid the paralysis of the World Trade Organization," Sechin said during a report at the Doha Forum.

In addition, the Rosneft head continued, in order to reduce the cost of fuel on the U.S. market, it is likely that all restrictions on production will be lifted, taxes will be lowered, administrative barriers will be removed and investments in the real sector will be redirected away from the illusory alternative energy sector.

Sechin noted that there is a search for ways to restructure U.S. debt. "According to Zoltan Pozhar, a well-known American analyst, the US, threatening to impose total duties on all imports, may try to impose a new financial system on the world. It is supposed to convert the entire U.S. government debt into Treasury bonds with repayment in a hundred years and an interest rate much lower than today's parameters," the oil company executive said.