Mishustin pointed to Russia's adaptation to life under sanctions
Russia was able to adapt to the sanctions, while increasing import substitution and increasing the level of its own production. This was stated by Prime Minister Mikhail Mishustin at a meeting with Russian and Vietnamese business circles on January 15.
"Russia is under increasing sanctions pressure. However, we have managed to adapt to such conditions. Domestic production is developing, import substitution in various sectors," the Russian Prime Minister said.
He specified that at the end of 11 months of last year the growth of the industrial index exceeded 4%, while in the manufacturing sector it amounted to 8%.
In addition, during the meeting Mishustin said that the Russian Federation plans to increase efforts to form new networks of foreign economic partnerships with other countries. This idea, according to Mishustin, is included in the new national project on international cooperation.
Earlier, on January 10, the U.S. and Britain extended sanctions against Russia. The list included Gazprom Neft and its head Alexander Dyukov, Surgutneftegaz, Rosatom CEO Alexei Likhachev, as well as 100 Russian tankers.
Kremlin spokesman Dmitry Peskov, commenting on the restrictions, drew attention to the fact that Washington is trying to undermine the positions of Russian energy companies with the help of sanctions. The presidential spokesman emphasized that Rosatom is one of the leaders of the global nuclear market and will continue its work despite any restrictions.
Rosatom noted that the state corporation perceives the new restrictions as an element of unfair competition. Russian Foreign Ministry spokeswoman Maria Zakharova told Izvestia that Biden's new sanctions on the eve of his resignation from the presidency are not going to "leave a mark in history," but "only a legacy."
Back in November 2024, Finance Minister Anton Siluanov said that Western sanctions will not lead to restrictions on Russia's foreign trade. According to him, all restrictions by Western countries first of all hit them.
On November 20 of the same year, Pavel Feldman, a candidate of political science and associate professor at the Academy of Labor and Social Relations, told Izvestia that it is impossible to isolate Russia in the international arena. In addition, he noted the failure of U.S. attempts to separate Russia from other countries in the system of trade relations.
Western countries increased sanctions pressure on Russia after the start of the special operation to protect civilians in Donbass, which was announced on February 24, 2022.
