Russian President Vladimir Putin acknowledged on Thursday that Western sanctions against his country are disrupting supply chains, but said they cannot isolate the country from access to technology.
Speaking via videoconference to the leaders of the former Soviet states, Putin said Russia will continue to work to find substitutes for foreign imports that no longer exist, even if that’s not a “panacea.”
Russia has been increasingly isolated from the West since its invasion of Ukraine, which it called a “special military operation” three months ago. Dozens of companies have left the country due to unprecedented Western sanctions targeting their economies and businesses.
“Representatives of our companies, of course, face problems, especially in the field of supply and transport chains. But still everything can be adjusted, everything can be built in a new way,” Putin said on television. said.
“At a certain stage it is not without losses, but it somehow helps us to be stronger. In any case, we are definitely gaining new competencies, we are starting to focus our economic, financial and administrative resources on areas of great improvement.”
Putin said that leaving some foreign companies from the Russian market may be for the good of the country.
Recognizing Russia’s need for access to foreign technology, he said, “We will not isolate ourselves – they want to squeeze us a little, but in the modern world this is unrealistic, impossible.”
He did not elaborate on how Russia would find ways to maintain access to Western components and software.
He apparently said, referring to the United States, that no “world police” could use sanctions to weaken Russia, China, and many other countries that pursue what he calls an independent policy.
source: Noticias
