Putin calls for Russian economic sovereignty

Self-sufficiency is key to the continued growth of the Russian economy amid Western sanctions and a global economic downturn, President Vladimir Putin stated in a message published by the Kremlin on Wednesday.

Putin’s statement was addressed to participants of the 26th St. Petersburg International Economic Forum (SPIEF), which will take place on June 14-17.

The Russian leader praised the country’s business community, which “continues to be active” despite the challenging current economic climate.

“I would therefore like to once again express my gratitude to all those working at companies and organizations, whether in senior positions or as team members, for having done much to overcome the severe consequences of unlawful sanctions,” Putin wrote.

He added that it is important to make the most of the opportunities which have presented themselves, stressing that this means “focusing on attaining technological and financial sovereignty, forging strong ties, developing optimal…


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