President Putin talks about 'sovereignty' in industrial development
Mr. Putin called on entrepreneurs, including the younger generation, to contribute to the development of the country's economy in the 21st century. He said it was necessary to "strengthen sovereignty, including industry, technology, finance. And without this sovereignty, no other sovereignty is possible."
According to RIA Novosti, Russian President Vladimir Putin held a meeting with representatives of the business community in the Kremlin on May 26. Mr. Putin noted the advanced growth rate of the Russian economy, as well as the contribution of domestic business to protecting the country's sovereignty. The Russian leader also called for "strangling" those who act against the interests of Russia.
Accordingly, President Putin called for retaliatory measures against information technology (IT) services that have not completely left Russia, and are "trying to strangle us".
Mr Putin believes that the return of foreign companies to the domestic market will benefit Russia: "Some large companies operating in other sectors of the economy are now coming to me and saying: here, our partners are giving signals, they want to return. I say: please, everyone is returning. Just think about what conditions. If it is profitable for you, please return. If something is not profitable, make it profitable."
At the same time, President Putin stressed that Russia will not "open the way" for foreign companies that have put labor collectives in a difficult position.
President Putin also called for attention to the work of foreign markets in Russia, because now it is a "loophole" through which anything can be imported.
President Putin believes that the ratio of domestic and imported products has changed significantly in favor of Russian goods: "Drugs that were on the market in Russia until recently accounted for 70% of foreign products, and this ratio is changing with capital. The same can be said about most industries, both in terms of information security and from logistics and transport engineering."
President Putin said that over the past two years, the Russian economy has developed in difficult conditions. Even the growth is not concentrated in individual industries, it is not local in nature.
Mr. Putin called on entrepreneurs, including the younger generation, to contribute to the development of the country's economy in the 21st century: "The revival of agriculture, construction complexes, a whole range of modern industries and services, strengthening our sovereignty, including industry, technology, finance. And without this sovereignty, no other sovereignty is possible."
