Putin called for sovereignty and warned that the Russian economy is adapting to the new situation

Putin called for sovereignty and warned that the Russian economy is adapting to the new situation

In the framework of a meeting with members of the Russian Government, he added that in the end “all of that will result in an increase in the independence, autonomy and sovereignty” of Russia.

Putin expressed his belief that the West would impose its sanctions against Russia in any case, recalling that many sanctions imposed on the Soviet Union remained in place even after its collapse. “I am sure that thanks to the members of the Government, to our leading companies, we will overcome all these difficulties”, he pointed out and added that Russia will achieve the objectives established in the field of economy, above all, “a more powerful sovereignty”, stressed the leader.

On the other hand, the head of state declared that the sanctions imposed due to the conflict in Ukraine could cause an increase in world inflation due to the rise in prices of food, as Russia will not be able to export enough fertilizer. “If it continues like this, there will be serious consequences … for the food sector as a whole, the increase in inflation will be inevitable,” he said in remarks reproduced by the AFP news agency.

Russian fertilizers are not affected by Western sanctions. However, the financial and supply chain sectors are, which affects Russia’s export capacity. “If they continue to create problems for us to finance this work, to ensure it, in logistics, the delivery of our products (…) then prices are going to rise more and more, and this will be noticeable in the price of the final product, food Putin pointed out..

Russia, like its neighbor Belarus, which has also been heavily sanctioned, is a major global supplier of mineral fertilizers, supplying both Europe and South America. Likewise, Putin assured that his country maintains all its deliveries of hydrocarbons, despite the conflict and Western sanctions, and affirmed that Russia is not responsible for the rise in prices in the world. “We are fulfilling all our obligations in terms of energy supply,” he stressed.

The Russian president insisted that “all the volumes” were being delivered to Europe and other places and that “Ukraine’s gas transport system is 100% full”, constituting this network of gas pipelines one of the key gas arteries for supply the European continent, of which 45% comes from Russia.

According to Putin, the rising cost of oil and gas on world markets has nothing to do with Russia, despite the fact that prices have reached record levels since Russian troops invaded Ukraine. “Prices are going up there, but it’s not our fault; it’s the result of their own miscalculations; they can’t blame us,” the president said.

Source: Telam

Source: Ambito

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