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Home Aggregated News

Western plans to damage Russian economy have failed – Putin

by Admin
December 4, 2024
in News, Politics, World
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Published: December 4, 2024 1:26 pm
Author: RT

The country’s businesses are adapting and thriving as trade continues to grow, the president has said

Western attempts to defeat Russia on all fronts, including inflicting damage to the country’s economy, have clearly failed, President Vladimir Putin said on Wednesday at an economic forum in Moscow.

The elites of “certain nations” have proven to be unreliable trade partners as they have tried to damage Russian interests in recent years, Putin said in his opening speech at the Russia Calling! investment forum.

“We often hear that those nations set the goal to inflict a strategic defeat on Russia in political, military and economic spheres. Including in terms of economics and technology,” he stated.

“They sought to drastically weaken our industry, finances, the service industry in our country, to create an insurmountable deficit of goods in our market, to destabilize the labor market, to degrade living standards for our citizens.”

The Russian economy has not only recovered from the initial damage caused by the attacks on it, but has also undergone a structural transformation beneficial to it, Putin added. The government has worked hard to improve the logistics of international trade used by Russian businesses and strengthen ties with friendly partners, which has helped the national economy to grow, he stressed.

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