"Russian business has learned how to work under sanctions"

On March 18, Russian President Vladimir Putin addressed the congress of the Russian Union of Industrialists and Entrepreneurs (RSPP). He assessed the impact of sanctions on the country's economy, spoke about the prospects for privatization, and also mentioned the return of Western companies. The main statements of the president are in the material of Izvestia.

The unprecedented level of sanctions

In recent years, Russian business has faced serious challenges, including sanctions pressure and restrictions on international settlements. These and other actions generally undermine the freedom of trade and investment in the global economy.

28,595 sanctions were imposed against individuals and legal entities from Russia.

However, during this time, domestic entrepreneurs have learned how to work under sanctions and have launched alternative mechanisms for cooperation with foreign partners.

Even if they are weakened, there is another way to put a spoke in the wheels. Sanctions are not temporary or targeted measures, but a mechanism of systemic strategic pressure on a country.

No matter how the situation develops, no matter what the system of international relations is, our competitors will always strive to restrain our country, weaken its economic and technological capabilities.

The material is being updated