Russia, China round up joint naval exercise in Baltic SeaMilitary & Defense July 27, 21:27
Chechen leader says he is ready to quit his job to protect al-Aqsa Mosque in JerusalemSociety & Culture July 27, 21:07
Russian tennis star Sharapova granted wildcard for WTA tournament in CincinnatiSport July 27, 20:11
Russia invites Baltic partners to attend naval review in St. PetersburgMilitary & Defense July 27, 19:38
Russia’s new ambassador to Turkey presents his credentials to ErdoganRussian Politics & Diplomacy July 27, 19:03
Deadly wildfires in southern EuropeWorld July 27, 18:20
Russia interested in cooperation with Finland on Arctic environmentBusiness & Economy July 27, 18:14
New US anti-Russia sanctions way to pursue its economic interests with cynicism — PutinRussian Politics & Diplomacy July 27, 18:11
Moscow surgeons separate newborn Siamese twins conjoined at head in 30 minutesSociety & Culture July 27, 17:57
The government is currently working on an import substitution program that will be presented to the president, Bochkaryov said.
“This [import substitution] will not happen at once. The point is that we were integrated into the world economy and carried out a lot of joint work and therefore we can’t replace everything immediately. As a whole, this will take up to three years,” he said.
The program, which the government is drafting, assesses the level of problems and resources required for solving them, Bochkaryov said.
“It is clear that it [the program] will include a lot of items. There are easy positions that can be replaced quite quickly and there are things that will require resources, such as the development of domestic components and the conduct of tests,” Bochkaryov said.
Therefore, objectively more time will be needed to replace these supplies, he said.
Russia will develop its own equivalent for each imported component to achieve its full independence from imported supplies, the government official said.