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Home Russia

Russia adapted to life under sanctions: PM

WNAM: by WNAM:
January 15, 2025
in Russia
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Russia adapted to life under sanctions: PM
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WNAM REPORT: Russia has managed to adapt to foreign sanctions, increased its import substitution and own production, Russian Prime Minister Mikhail Mishustin said during a meeting with Russian and Vietnamese business circles.

“Russia is under increasing sanctions pressure. However, we managed to adapt to these conditions. Domestic production and import substitution in various branches are developing,” the Russian prime minister said, according to sources.

“Our industry has been demonstrating good results. After 11 months last year, its growth surpassed 4% with 8% in the processing segment,” he added.

Mishustin assured that Moscow will continue to “do all that is necessary to stabilize the dynamics of the economy and restore investment activity.”.

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