Countries seeking to hurt Russia with sanctions harm their economies, says Russian president

Speaking to members of the plenary session of the Eurasian Economic Forum via video link, Russian President Vladimir Putin said yesterday that the countries, which are attempting to isolate Russia, are primarily only harming their economies, Izvestiya reports. According to him, the West will fail in its attempts to isolate Russia and face growing economic […]

Asia-Plus

Speaking to members of the plenary session of the Eurasian Economic Forum via video link, Russian President Vladimir Putin said yesterday that the countries, which are attempting to isolate Russia, are primarily only harming their economies, Izvestiya reports.

According to him, the West will fail in its attempts to isolate Russia and face growing economic problems. Putin noted that Russia is not going to shut itself off from international cooperation.

“It is impossible to isolate Russia, utterly unrealistic in the modern world and those who try to do it, primarily hurt themselves,” Russian leader said, citing growing economic challenges in the West, including inflation unseen in 40 years, growing unemployment, rupture of supply chains and the worsening of global crises in such sensitive spheres as food.

Putin said this is a serious thing that will have an impact on the entire system of economic and political relations.  He lambasted the West for seizing Russian reserves, saying that the theft of others’ assets never brought any good.

The purpose of the Eurasian Economic Forum, established by a decision of the Supreme Eurasian Economic Council (SEEC) and timed to coincide with a meeting of the SEEC, is to further deepen economic cooperation between the Eurasian Economic Union (EAEU) member states.

The EEF 2022 in Bishkek, themed “Eurasian Economic Integration in the Era of Global Shifts: New Investment Opportunities” has reportedly focused on promising areas for the strategic development of integration.  The participants have discussed ways to deepen industrial, energy, transport, financial, and digital cooperation.

Join us on social media!

Article translations:

Related Article

Оби зулол
Оби зулол

Most Read

Акика Алиф

Recent Articles

In Tajikistan, the workforce has increased, but not everyone is employed

Statistics show a significant gap between men and women in the labor market.

Amin Qobilov and Marvori Nasriddinzoda become chess champions of Tajikistan

The national chess tournament, which brought together the strongest players, has concluded in Dushanbe.

How to tame snow avalanches: how many houses and roads in Tajikistan are at risk?

Large avalanches can occur on average once every 40 years, causing residents to eventually consider dangerous areas safe and build houses on them.

Emomali Nourali and Muhiddin Asadulloyev became No. 1: Tajik judokas in the world ranking

After the "Grand Slam" in Dushanbe, the IJF ranking was updated, recording a historic result.

Media: the US struck Iranian ports but denies resuming war

Iran's military opened fire on forces that attempted to attack a pier on Qeshm Island.

Uzbekistan implements digital residency registration system

It will be possible to process it online through Face-ID.