Putin: Russia’s response to sanctions will be to develop the freedom of entrepreneurship within the country

Putin: Russia’s response to sanctions will be to develop the freedom of entrepreneurship within the country


MOSCOW, December 24. Russia in response to sanctions will be to develop the freedom of entrepreneurship within the country and to develop cooperation with other countries. This was stated by the President of the Russian Federation Vladimir Putin at a meeting with representatives of the business community.

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“Have said many times, our response to external constraints is an extension of freedom of entrepreneurship, protection of property rights of everyone who works honestly and makes your business”, – said the head of state, promising to improve the activities of law enforcement and investigative agencies.

He also pointed to plans to “actively develop economic ties with other countries” to empower domestic business.

The head of state drew attention that “the outgoing year was difficult for everyone – for the whole country, for society, for business, for the authorities at all levels”. “Business, of course, to adapt to difficult conditions. The main thing is that our companies do not lose the strategic vision of development, improve their efficiency, invest in new facilities and strive to develop new markets”, – said the President.

He particularly drew attention to the serious attention which the Russian business is focused on the development of new technologies and manufacturing products with high added value. It is, indeed, a key factor of competitiveness both within the country and abroad”, – said Putin.

He added that the creation of new products and presence in global markets contributes to enhancing the authority and prestige of Russia, and also in strengthening the sovereignty of the country.

“We see domestic companies great potential for growth and will support the leadership ambitions of our business, striving for success”, – concluded the head of state.

The President calls it a good tradition to hold such meetings and assured that government and business act as partners in the development of the country.

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All sanctions of the West against Russia