SOCHI, September 19. /ITAR-TASS/. Russia’s Prime Minister Dmitry Medvedev has said that closing the markets for exports is likely to bring about negative consequences for Russia but it will make an attempt to use the current situation for developing its own sectors of the economy.
In an interview with ITAR-TASS Medvedev said that sanctions could pose a risk for Russia to lag behind technologically.
“The more closed the situation is getting, the less competition appear,” he said.
Medvedev said that “to create sterile conditions [for Russian producers] even under the motto of import substitution is wrong.”
“In this way the world was created: amid absence of competition, quality starts to go down and the Soviet Union, Russia or any other country could not escape it - the market closes and the competition goes down,” he said.
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