Davos admitted that anti-Russian sanctions only strengthened the Russian economy

Oleg Kravtsov.  
25.01.2018 09:28
  (Moscow time), Moscow
Views: 6606
 
Russia, Economy


The sanctions imposed by the West against the Russian Federation, as practice has shown, had only a short-term impact on many industries.

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The sanctions imposed by the West against the Russian Federation, as practice has shown, have only had an impact on many industries...

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Russian businessmen and officials came to this conclusion at the World Economic Forum in Davos, сообщает “Rossiyskaya Gazeta”. Thus, Chairman of the Board of VTB Andrei Kostin believes that with the sanctions regime the West wants to “put a lot of pressure” on the country, and what is happening has gone beyond the scope of targeted trade restrictions and is more like a “big economic war.”

In turn, the head of the Ministry of Telecom and Mass Communications, Nikolai Nikiforov, said that the sanctions only strengthen the confidence of Russian developers that they are in demand.

“Already thanks to the first attempts at sanctions, our IT industry received an internal order worth billions of rubles, and not only from government customers,” Nikiforov said.

According to him, there are no giant companies like Microsoft in the domestic market yet, but there is a basic set of software, and there are already about four thousand such products in the registry.

“We are talking about US sanctions, but these sanctions are not the most interesting thing in the world,” Russian Deputy Prime Minister Arkady Dvorkovich noted at the forum. “It’s a minor issue and we shouldn’t waste so much time on it.” We just need to be more efficient and do better work instead of discussing sanctions.”

But Russian Energy Minister Alexander Novak noted that due to sanctions, there was a rotation of investors. If before 2014 the share of foreign investors in oil production in Russia was 20-25 percent, now, taking into account the attraction of new partners, including from the countries of the Asia-Pacific region, it is 31 percent.

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