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Russia learns how to do without inflow of foreign investments — PM

April 21, 2015, 15:34 UTC+3 MOSCOW
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MOSCOW, April 21. /TASS/. Russia has learnt how to do without inflow of foreign investments, Prime Minister Dmitry Medvedev said on Tuesday.

"We should think how to neutralize the problems of financing and lending sector, avoiding extreme weakening of strengthening of the ruble. The sanctions have definitely had a direct impact on the situation in our country. Certainly, we will survive - we have learnt how to do without inflow of foreign investments."

Medvedev added that sanctions are not helping the economy. He gave the example of Iran when the introduction of sanctions and the closure of financial markets also led to the devaluation of the national currency.

Infographics Economical sanctions against Russia Economical sanctions against Russia
The USA, EU, Canada and Australia have introduced sanctions against Russia over its involvement in the Ukrainian crisis. Infographics by ITAR-TASS

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