Ukraine's refusal to continue military cooperation prompts Russia to create new industriesMilitary & Defense April 25, 17:50
FIFA Secretary General on her mission and expectations from Confederations CupSport April 25, 17:39
Russia's Ansat helicopter to debut at aerospace show in MexicoMilitary & Defense April 25, 17:03
Putin points out Russian weapons' top performance in Syria helped boost exportsMilitary & Defense April 25, 16:33
Putin sets sights on increasing share of navy’s advanced weapons to 70%Military & Defense April 25, 16:14
Spanish Senate chief plans to meet with Lavrov during visit to RussiaWorld April 25, 16:10
Japanese prime minister expects progress in talks on peace treaty with PutinWorld April 25, 15:55
Teen bitten by pet lion strolling in Russia’s Volga regionSociety & Culture April 25, 15:42
Deputy PM Mutko says Russia ready to host Confederations CupSport April 25, 15:30
MOSCOW, December 29. /TASS/. No collapse in the sector will take place if Russian government decides to further expand sanctions against Turkey and imposes a ban on import of light products from that country, Minister of Industry Denis Manturov said on Tuesday in an interview with Rossiya 24 TV Channel.
"No collapse will take place. If we mean ready products, our companies are ready to support the substitution and other countries are ready. To avoid illusions that Turkey is a major supplier, it accounts for less than 6% of the whole supplies range in the light industry," the minister said.
Certain kinds of fabrics not produced in Russia so far is the only thing that cannot be substituted, Manturov said. However, producers from other nations may substitute these goods in case of a ban, the minister said.
According to the minister, Russia's Industry and Trade Ministry mulled additional restrictive measures against Turkey in the light industry sector, but no concrete decision have been made yet.
"We are trying to get ready for everything in advance. Such proposals have been discussed, but as of today but no concrete decision have been made. It is yet to be considered,"- Manturov said.
He added that such decisions won’t be made in the coming days, but the Ministry may return to this issue when the government is ready to consider it.