In his speech today at the St. Petersburg International Economic Forum (SPIEF), the President stressed that the country’s economy will not be shut down. “Russia will not go down the path of isolation, we will continue to expand cooperation with countries that show interest,” he said.
In this sense, he pointed out that it will be difficult for these nations because of the pressure exerted by the United States on its allies, who are trying by any means necessary to sever any kind of deals or ties with Russia.
The head of state stressed that, despite the anti-Russian sanctions, his country will continue to cooperate with Western companies that have stayed on the domestic market.
He explained that in the midst of the current situation, Moscow is opening new routes and communication channels with the East as part of alternatives for the development of the Eurasian nation in order to expand trade and exchanges with the countries of this region.
Putin also referred to a number of new measures aimed at making procedures and mechanisms to support Russian entrepreneurs and small and medium-sized enterprises (SMEs) more flexible.
He underlined the country’s interest in strengthening private companies by reducing the tax burden, control systems, as long as their work does not involve risks for the nation.
The Russian President urged local businessmen to invest their wealth in the country. “You only secure the future of your company, your company, if you relate it to the future of your country,” he said.
Putin said that everything is safer at home, citing as an example the millions of dollars in losses that many Russian businessmen have suffered from the sanctions because they had their money outside the country.
He reminded them that Russia has many tasks and development projects, which is why he asked them to unite in the various tasks that the nation has planned in all areas.
He warned that the economic blitzkrieg against Russia was hopeless and pointed out that the weapons of sanctions were double-edged.
In another part of his speech, he assured that Moscow would not interfere in the food supply from Ukraine. He also pointed out that the most important task of the world community is to increase the supply of food to the market, and Russia has the ability to do this.
He made it clear that the responsibility for a possible famine in the poorest countries would rest solely on the conscience of the United States and the European bureaucracy.
He denounced that Russia’s military operation in Ukraine had become a lifeline so the West could blame Moscow for those countries’ economic failures.
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