Putin mocks that Western nations have never succeeded in isolating Russia
Putin mocked – Date 18 Jul. Archyde.comRussian President Vladimir Putin reportedly mocked the West for not being able to isolate Russia from the international community. And that the sanctions applied will never turn the clock back to turn Russia into a recession.
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The report stated that Russia has been beset by the West and its allies with severe economic sanctions since its invasion of Ukraine on Feb. 24, aimed at isolating Russia from the global economy and preventing imports of a variety of foreign commodities.
President Putin said that Russia faced not only economic obstacles but also blocked access to foreign high-tech products.
“It is certainly a great challenge to the nation, but we will never surrender in despair and allow the nation to continue to become the ruined nation that many nations wish it to be.”
The Russian leader insisted that Russia needed to innovate its own technology. including supporting the private sector in the technology industry
Russian Finance Minister Anton Siluanov said that private sector funding in the tech industry would be a top priority for the government but that funding should account for a quarter. while the other three parts must come from the private sector itself.