- This content was created in Russia, where the law restricts coverage of Russian military operations in Ukraine.
MOSCOW, July 18 (Reuters) – Russian President Vladimir Putin said on Monday that it was impossible for Russia to be cut off from the rest of the world and that sanctions imposed by Western countries would not turn back the clock on Russia’s development.
After sending troops into Ukraine on February 24, Russia has been hit by a barrage of Western sanctions designed to isolate it from the global economy, which have cut off access to goods including commercial electronics, semiconductors and aircraft parts.
“Not only the restrictions, but also the almost complete closure of access to foreign high-tech products is being used deliberately, deliberately against our country,” Putin said, speaking on a video conference with government figures.
Sign up now for FREE unlimited access to Reuters.com
I am registering
Russian President Vladimir Putin attends a meeting with parliamentary leaders in Moscow, Russia, July 7, 2022. Sputnik/Alexei Nikolsky/Kremlin via REUTERS
“It is clear that this is a huge challenge for our country, but … we will not give up and remain in a state of disarray or, as some of our ‘well-wishers’ predict, go back decades.” of course not,” he said.
Putin said Russia would have to develop its own technology and technology firms.
Finance Minister Anton Siluanov said support for Russia’s technology sector is a priority, but that every ruble of state support must be accompanied by at least three rubles of private investment.
Sign up now for FREE unlimited access to Reuters.com
I am registering
Reuters report; Editing by Kevin Liffey
Our standards: The Thomson Reuters Trust Principles.
Add Comment