VLADIVOSTOK, September 5. /TASS/. Anyone who talks about cutting off Russian energy supplies is speaking purely out of emotion, and doesn’t understand how arrogant this sounds, Russian President Vladimir Putin said at the plenary session of the Eastern Economic Forum (EEF).
"After all, when our detractors and those who impose illegal sanctions, about which the Vice-President of the People's Republic of China [Han Zheng] spoke, do this, they are guided by emotions, not by reason, as they say in such cases. Because there is no result. What are they guided by? Arrogance and self-assurance," he said.
Putin pointed out that it is impossible to simply cut off Russian energy supplies. "It's just not feasible, do you understand? It is impossible. Imagine if tomorrow, all our gas, oil, and so on was blocked," the Russian leader said. "The global economy couldn’t handle this. Prices would simply go through the roof, but they would still buy. It is impossible without them. That's the whole point," he pointed out.
At the same time, the president emphasized that Russia will solve its problems even if some country refuses Russian energy resources. "Yes, with some losses, but we will solve them anyway. And those who do not want to cooperate with us, well, then let them suffer losses," he said. "We see what is happening in European countries. Many of them are on the verge of recession. And the situation will get worse," he underscored.
About forum
The Eastern Economic Forum (EEF) is underway on the campus of the Far Eastern Federal University in Vladivostok on September 3-6, 2024. The main theme of the EEF in 2024 is "Far East 2030. Combining strengths to create new potential."
The EEF is one of the largest international conferences in Russia. It has been held in the Primorsky Region’s Russky Island in Vladivostok since 2015. The Forum is the initiative of Russian President Vladimir Putin, who decreed that the event be held annually.
The forum's objectives and goals include promoting the accelerated growth of Russia’s Far East region; assessing its potential for exports; expanding international cooperation in the Asia-Pacific Region; showcasing the investment appeal of the region, its steadily progressing territories, and the Vladivostok free port.
The Roscongress Foundation has served as the Forum’s organizer since 2016.
TASS is the general information partner of the EEF.