Mr. Putin: The West cannot isolate Russia from the world
President Putin said that Western embargo could not isolate Russia or left the country back to decades.
Russia is banned almost completely in accessing foreign high -tech products.
Putin admitted that Russia could not develop if he was separated from the world, but confirmed that the country was not isolated.
The Russian president said that it would have to develop domestic technology and build high -tech enterprises themselves.
President Putin at a meeting in the capital Moscow today.
After opening a military campaign in Ukraine on February 24, Russia suffered a series of unprecedented sanctions from Western countries.
The United States and its allies eliminated a number of Russian banks from the Swift International Payment System, prohibited from importing many sources from Russia and abandoned the nation of the country with the country.
Western countries also prevent Russia from accessing many commercial electronics, semiconductors and aircraft components.
Russia responded by banning exporting more than 200 items in the field of telecommunications, health, cars, agriculture, electrical engineering and technology until the end of 2022. Moscow also banned a series of Western officials entering and Trung.
Russia has cut the supply of gas to 6 European countries, on the grounds that these countries do not accept payment of Ruble contracts required from Moscow.
In announced analysis on June 8, experts from the International Finance Institute (IIF) are headquartered in the US capital Washington forecasting Russia's economy to drop 15% this year and another 3% in
In addition to the Ukrainian conflict, Russia and the West also confronted fiercely in an economic battle in which anyone endured more durable will win.
Russia plans to set up its own oil standards to avoid external impacts and deal with the idea of western ceiling price.
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