Putin wishes success to Thailand's new kingRussian Politics & Diplomacy December 03, 21:08
Five gunmen killed in counterterrorism operation in Russia’s Dagestan - sourceWorld December 03, 21:07
Ukraine depends on coal from Donbass republics - deputy ministerWorld December 03, 19:32
Putin to be given gift of Akita-Inu puppy during his visit to JapanWorld December 03, 19:29
Azerbaijan’s security officers kill attempted suicide bomber in BakuWorld December 03, 18:04
Lavrov: first step under 1956 declaration on peace treaty is signing of itRussian Politics & Diplomacy December 03, 14:47
Bank of Russia disclaims reports hackers steal 2B rubles from its correspondent accountsBusiness & Economy December 03, 14:42
Moscow sees nothing new in Congress banning cooperation between military of two countriesRussian Politics & Diplomacy December 03, 14:41
Lavrov: joint projects with Japan to bring relations to new levelRussian Politics & Diplomacy December 03, 12:29
MOSCOW, October 7. /TASS/. Russia needs to develop state and private partnerships, create stimulus for domestic business and use internal reserves more effectively for production upgrade amid the tense international situation, Prime Minister Dmitry Medvedev said on Tuesday.
“Today, amid the tense international situation, the government is paying serious attention to ensuring our country’s economic security and resolving the issue of import substitution,” Medvedev said.
In this environment, Russia needs “to promote state and private partnership more actively, create stimulius for the development of innovative entrepreneurship and the attraction of investment, and also use internal reserves more actively for replacing fixed production assets, developing and introducing advanced science-intense technologies,” the Russian premier said in his address to participants in the national congress on modernization of Russia’s industry and the priorities of development.
The Russian prime minister said he expected the congress to analyze the current situation on the domestic and global markets and formulate specific recommendations to help ensure Russia’s sustainable economic growth.
Import substitution has become a topical issue for Russia after Western countries slapped sanctions against Moscow over its stance on developments in neighboring Ukraine, barring, in particular, the supplies of technologies and equipment for Russia’s energy sector.