MOSCOW, October 27. /TASS/. The Russian economy has passed the peak of difficulties associated with the sanction pressure, President Vladimir Putin said on Thursday.

"There is still much to be done to create new import and export chains of supplies, reduce associated costs, but the peak of difficulties has been passed in broad terms. The Russian economy was adapted and will continue developing on a more stable, more sovereign platform," the President said.

The goal of external economic sanctions was to ruin the Russian economy, Putin noted. "This did not work out. Yes, it has become more adaptive and more flexible. It turned out that our business is already sufficiently mature," the Russian leader added.