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Russia to prepare US import substitution program in autumn — official

August 14, 2014, 11:46 UTC+3 ZHUKOVSKY (Moscow Region)
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ZHUKOVSKY (Moscow Region), August 14./ITAR-TASS/. Russia will prepare a program in autumn to ensure the country’s independence from US and European imports, Russian Governmental Military and Industrial Commission Deputy Chairman Oleg Bochkaryov said on Thursday.

“We are obliged today not simply to substitute, but to make the state independent from those decisions and measures that come from abroad,” Bochkaryov said in comments on import substitution.

Russia has already taken a decision on the substitution of Ukrainian imports, he said. “Another program will appear in autumn for ensuring import independence from the output made by the United States and businesses of the European Union,” he said.

The program for the substitution of imports from the United States and Europe will be signed by the Russian president in October, Bochkaryov said. “The program will be approved by the Russian president in October,” he noted.

The Russian government is preparing a program for the substitution of imports from Europe because European countries are supporting the US sanctions against Russia, he said.

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