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Manturov spoke about the importance of import substitution

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Photo: RIA Novosti/POOL/Sergey Savostyanov
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It is important to support import substitution in Russia, First Deputy Prime Minister Denis Manturov said on May 26 after a meeting between Russian President Vladimir Putin and representatives of the business community.

"Some require, for example, regulatory adjustments, while others require that existing regulations be applied correctly. Therefore, I would say that the rules of its application require additional adjustment. But, in my opinion, everything was reported in a rather constructive and positive way today," Manturov said, answering a question from a correspondent of Izvestia.

He added that the topic of import substitution in Russia is not new, it began to be dealt with "much earlier" in 2014.

On May 18, Manturov said that the return of foreign brands to the Russian market is possible if it helps to increase competition. In his opinion, in such a situation, the Russian authorities can be guided by the principle of economic expediency.

Переведено сервисом «Яндекс Переводчик»

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