On the 20th local time, Russian President Vladimir Putin said at the Metallurgical Industry Development Conference that the illegal sanctions against Russia by the West are contrary to the principles of the WTO. Putin ordered the federal government to make an assessment of the legality of Western decisions on Russia's metallurgical industry by June 1.
Putin said that the demand for metallurgical products in the Russian domestic market needs to be stimulated, first of all, the demand for the construction industry. He said, "Europe ignores the interests of its own entrepreneurs, and the price of metallurgical products in Europe will rise, just like inflation." Putin also ordered that the update of Russia's strategy at the WTO is ready by June 1.
Putin said that Russia is one of the leaders in the world's metallurgical industry, and for foreign buyers, cooperation with Russia in this field is stable and mutually beneficial.
Putin: Russian SMEs can be more active in Russia-China joint projects
"China is our largest economic and trade partner, with (annual trade volume) more than 100 billion U.S. dollars. I will not talk about large-scale projects related to oil, natural gas, aviation, machinery manufacturing, nuclear energy, etc.," Putin said at the meeting. Under the current conditions, SMEs can participate more actively in various projects between the two parties."
TASS reported that Putin also believes that to develop cooperation with China, it is necessary for Russian entrepreneurs to master logistics and legal knowledge.
Regarding the non-profit organization "Russia - A Country Full of Opportunities", according to the organization's official website, the organization was established in 2018 under Putin's initiative. Able to develop their potential, implement business ideas or proposals related to social life. Entrepreneurs, volunteers, college students and other groups can exchange experiences through this platform.
