“It is clear that much depends on the development of transport infrastructure,” the president said in a video conference with members of his cabinet and representatives of the country’s metallurgical industry.
With this in mind, he suggested holding another exchange in the near future to analyze the possibilities for developing the railway, according to the Kremlin’s official website.
During the meeting, the head of state stated that the illegal sanctions against Russian metallurgical companies are contrary to the principles of the World Trade Organization (WTO), which is why Moscow will update its strategy of action before this body.
Putin drew attention to a number of restrictions imposed by the West on this sector in the country, which contradict the values allegedly defended by European countries.
He stressed that given the current situation in the country, it will be necessary to make changes in the structure of production and supply of metallurgical products.
“I know the company is already remodeling the logistics and production chains, finding new suppliers and buyers to keep the businesses running and protect the interests of worker groups,” he said.
The President of Russia asked the participants of the exchange to present possible measures that would help solve the current problems in the industry and overcome existing difficulties.
He also emphasized the importance of ensuring the sustainable work of the entire metallurgical complex, maintaining production volumes and increasing the capacity of enterprises and goods developed in the country.
According to Putin, the Russian authorities are taking various measures to counter the economic war waged against the country.
The Castellum.AI database pointed out that since mid-February, and especially after the start of the Russian military operation in Ukraine on February 24 this month, more than 6,800 restrictive measures have been activated against that country.
The United States, United Kingdom, Canada, Australia, Japan and European Union countries imposed new sanctions on Russia in the wake of the military operation in Ukraine that began on February 24, targeting key trade, finance and energy sectors. Export, aerospace.
The restrictions included the partial decoupling of numerous Russian banks from the Swift international payments system, the closure of airspace to their airlines, the paralysis of the Central Bank of Russia’s international reserves, and Washington’s embargo on oil purchases.
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