Putin says Russian economy adapts to foreign restrictions, rises - News Archive - PRIME Business News Agency - All News Politics Economy Business Wire Financial Wire Oil Gas Chemical Industry Power Industry Metals Mining Pulp Paper Agro Commodities Transport Automobile Construction Real Estate Telecommunications Engineering Hi-Tech Consumer Goods Retail Calendar Our Features Interviews Opinions Press Releases

Putin says Russian economy adapts to foreign restrictions, rises

MOSCOW, Jan 30 (PRIME) -- Foreign restrictions are used to curb RussiaТs development but the economy has adapted to them and started to grow, President Vladimir Putin said at a meeting with his election agents on Tuesday.

УThere are also external restrictions that they are trying to use to hold down RussiaТs development. We talk about it much now, maybe even too much. But the economy has adapted to it and has startedsustainable growth,Ф Putin said.

Putin said that Russia needs to support its exports potential in the conditions of rising open and covert limitations. УThe principles of the World Trade Organization (WTO) often fail to work. And besides evident restrictions, there are hidden ones on certification of goods, phytosanitary rulesЕ They are often impossible to break through.Ф

The central bank will reduce the key rate once the Russians get used to the new level of macroeconomic stability, the president said.

End

30.01.2018 14:47
 
 
Share |
To report an error select text and press Ctrl+Enter
 
 
Central Bank Official Rate
1W 1M 1Y
USD
EUR 75.5358 -1.2198 16 nov
USD 66.6159 -1.3816 16 nov
Stock Market Indices
1D 1W 1M 1Y
MICEX
rtsi 1131.13 +1.24 18:50 15 nov
micex 2381.45 +0.12 18:50 15 nov
Stock Quotes in RUR
1D 1W 1M 1Y
GAZP
gazp 154.14 +1.51 18:49 15 nov
lkoh 4854.00 -0.05 18:49 15 nov
rosn 424.25 -0.68 18:49 15 nov
sber 200.15 +0.48 18:49 15 nov
MICEX Ruble Trading
1D 1W 1M 1Y
USDTD
EURTD 75.2000 -1.2400 14:59 15 nov
USDTD 66.6000 -0.4600 17:44 15 nov