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Vladimir Putin addressed a congress of the Russian Union of Industrialists and Entrepreneurs. Key points:

🔸Russian entrepreneurs have adapted to sanctions, inventing and implementing alternative arrangements for cooperating with international partners. The sanctions became an extra catalyst ushering in positive structural change in the Russian economy.

🔸Far from being temporary or targeted, sanctions and restrictions are a reality of a new development stage that the entire global economy has now entered. They are a tool designed to exert systemic and strategic pressure on Russia: our competitors will always seek to contain our country and undermine its economic and technological capabilities.

🔸There is no point in hoping for the restoration of full freedom of trade and cash flows, as there is none in counting on Western tools for protecting the rights of investors and entrepreneurs. It is crucial for Russian businesses to be flexible, seek new markets and secure footholds there, develop homegrown technological solutions, and establish cooperation with reliable partners.

🔸Russia is strengthening its sovereignty in all the areas needed to ensure business operations, including by developing transportation, logistics, and financial and payment infrastructure. Only the countries capable of ensuring true, full fledged sovereignty for themselves will be able to provide a rapid and steady growth for the benefit of their people.

🔸Russia is pivoting towards promising global markets, and this is a lasting long-term trend that will be reinforced in part by the BRICS development platform currently in development. This platform will include resource, technological, personnel, financial, trade, and investment components.

🔸The interests of Russian companies and industries, and their employees come first, and it is with this in mind that Russia will consider the potential return of foreign companies, who left the country under political pressure from their respective national elites, to the Russian market.

See more on the Kremlin’s official website.
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Vladimir Putin addressed a congress of the Russian Union of Industrialists and Entrepreneurs. Key points:

🔸Russian entrepreneurs have adapted to sanctions, inventing and implementing alternative arrangements for cooperating with international partners. The sanctions became an extra catalyst ushering in positive structural change in the Russian economy.

🔸Far from being temporary or targeted, sanctions and restrictions are a reality of a new development stage that the entire global economy has now entered. They are a tool designed to exert systemic and strategic pressure on Russia: our competitors will always seek to contain our country and undermine its economic and technological capabilities.

🔸There is no point in hoping for the restoration of full freedom of trade and cash flows, as there is none in counting on Western tools for protecting the rights of investors and entrepreneurs. It is crucial for Russian businesses to be flexible, seek new markets and secure footholds there, develop homegrown technological solutions, and establish cooperation with reliable partners.

🔸Russia is strengthening its sovereignty in all the areas needed to ensure business operations, including by developing transportation, logistics, and financial and payment infrastructure. Only the countries capable of ensuring true, full fledged sovereignty for themselves will be able to provide a rapid and steady growth for the benefit of their people.

🔸Russia is pivoting towards promising global markets, and this is a lasting long-term trend that will be reinforced in part by the BRICS development platform currently in development. This platform will include resource, technological, personnel, financial, trade, and investment components.

🔸The interests of Russian companies and industries, and their employees come first, and it is with this in mind that Russia will consider the potential return of foreign companies, who left the country under political pressure from their respective national elites, to the Russian market.

See more on the Kremlin’s official website.

BY Генеральное консульство России в Калькутте







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In 2014, Pavel Durov fled the country after allies of the Kremlin took control of the social networking site most know just as VK. Russia's intelligence agency had asked Durov to turn over the data of anti-Kremlin protesters. Durov refused to do so. Pavel Durov, a billionaire who embraces an all-black wardrobe and is often compared to the character Neo from "the Matrix," funds Telegram through his personal wealth and debt financing. And despite being one of the world's most popular tech companies, Telegram reportedly has only about 30 employees who defer to Durov for most major decisions about the platform. Either way, Durov says that he withdrew his resignation but that he was ousted from his company anyway. Subsequently, control of the company was reportedly handed to oligarchs Alisher Usmanov and Igor Sechin, both allegedly close associates of Russian leader Vladimir Putin. The last couple days have exemplified that uncertainty. On Thursday, news emerged that talks in Turkey between the Russia and Ukraine yielded no positive result. But on Friday, Reuters reported that Russian President Vladimir Putin said there had been some “positive shifts” in talks between the two sides. Such instructions could actually endanger people — citizens receive air strike warnings via smartphone alerts.
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