Russian President Putin’s Speech at the Economic Forum: Ukraine Conflict, NATO Risks, and Russia’s Economic Growth

2023-06-16 15:34:10

Speech at the Economic Forum “Failed to counterattack in Ukraine… Failed to achieve the goal even with the mobilization of the strategic reserve force”

“The F-16 will burn like a Leopard tank… The risk of being involved in NATO conflicts increases”

“Russia’s economic growth rate this year is 1.5-2%… Price and unemployment rates are the lowest ever”

“Consider specific actions when returning foreign companies…Remaining companies are considered domestic companies”

Russian President Putin at SPIEF

(Saint Petersburg TASS = Yonhap News) Russian President Vladimir Putin attended the International Economic Forum in Saint Petersburg on the 16th (local time). “Ukraine is using so-called strategic reserves to break through the defenses and secure territory,” he said, “but they failed to achieve their goals on either side.” 2023.6.16 [email protected]

(Istanbul = Yonhap News) Correspondent Cho Sung-heum = Russian President Vladimir Putin said on the 16th (local time) that Ukraine was suffering heavy losses in the counterattack and that there was no hope. He also confirmed President Alexander Lukashenko’s remarks that the deployment of nuclear weapons in Belarus had recently begun, saying that the work would be completed by the end of the year.

He also warned that if F-16 fighter jets are deployed outside Ukraine’s borders and intervene in the war, the North Atlantic Treaty Organization (NATO) risks being drawn into the conflict.

According to Sputnik and Archyde.com, President Putin said in a speech at the International Economic Forum (SPIEF) in St. I mightn’t,” he claimed.

“Even at this hour, Ukraine is trying a new counterattack in southern Zaporizhia and elsewhere,” he said, “but there is no hope for them.”

President Putin said that Ukraine’s losses are increasing every day, including the loss of 186 tanks and 418 armored vehicles so far, and that the losses are more than 10 times that of Russia.

“Ukraine will soon run out of its own production equipment and will have to use foreign equipment only,” he said. “On the other hand, Russian defense companies worked in two or three shifts, increasing weapons production by 2.7 times compared to the previous year. Some increased by more than 10 times.” .

Regarding the theory of Western support for F-16 fighter jets to Ukraine, he criticized, “The Leopard tank is burning, and the same fate awaits the F-16.”

“The risk of NATO becoming embroiled in the conflict is growing,” he said.

Russian President Putin speaking at SPIEF

(Saint Petersburg Archyde.com = Yonhap News) Russian President Vladimir Putin attended the International Economic Forum in Saint Petersburg on the 16th (local time). “Ukraine is using so-called strategic reserves to break through the defenses and secure territory,” he said, “but they failed to achieve their goals on either side.” 2023.6.16 [email protected] [리아노보스티 제공. 재판매 및 DB 금지]

Regarding the recent attack on the mainland bordering Ukraine, he said, “It is a provocation to induce a strong response from Russia. We can destroy the city center of Kieu, but for various reasons we have decided not to.

Regarding the possibility of using nuclear weapons, Putin said, “If the country is in danger, it is theoretically possible, but it is not necessary.”

“Tactical nuclear weapons have already been deployed in Belarus,” confirming the recent remarks of Belarusian President Lukashenko, adding that the transfer of nuclear weapons will be completed by the end of the year.

“Russia has more nuclear weapons than NATO, and they want to reduce them, but of course we won’t,” he said.

Regarding relations with the United States over the Ukraine crisis, he said, “I do not rule out that if the United States had another administration in place, it would have been possible to follow a peaceful solution to the situation.” There is no contact,” he said.

He added, “U.S. President Joe Biden is an experienced politician. Let him do what he sees fit,” adding, “Russia will do what we think is right.”

In addition, he criticized Ukrainian President Volodymyr Zelensky, who is of Jewish descent, saying, “I have many Jewish friends.”

St. Petersburg International Economic Forum Main Hall

(Saint Petersburg AFP = Yonhap News) Russian President Vladimir Putin attended the International Economic Forum in Saint Petersburg on the 16th (local time). “Ukraine is using so-called strategic reserves to break through the defenses and secure territory,” he said, “but they failed to achieve their goals on either side.” 2023.6.16 [email protected] [리아노보스티 제공. 재판매 및 DB 금지]

In his speech that day, President Putin also focused on the fact that his country’s economy is developing despite Western sanctions.

“GDP growth in April was 3.3% year-on-year,” he said. “We agree with our experts that GDP growth this year will reach 2%, 1.5% or more.” “This will help us maintain our position as a leading global economy,” he added.

“Currently, Russia’s national finances are in balance,” he said. “As a result, Russia’s unemployment rate is at a record low of 3.3%, and its inflation rate is lower than that of Western countries and is close to a historical low of 2.9%.”

It also said it is reducing its financial dependence on oil and gas, a trend that is gradually gaining momentum.

President Putin also emphasized the need to increase defense spending. “Of course, we need additional money to strengthen our defense and security and to buy weapons. I think that’s justified from an overall and economic point of view,” he said.

He also said that there would be no problems with the country’s economy regarding the Russian ‘exodus’ of Western companies.

“Many foreign brands have been selling products completely made in our factories for a long time,” he explained. “Even if the trademark owner leaves, product production will not stop. Only the logo will change, and the profits from the business will remain in Korea.”

On the one hand, he warned, “if we want foreign companies to return, we will not shut down and create the necessary environment, but we will consider their specific actions when they return.” On the other hand, “foreign companies remaining in Russia are considered domestic companies,” he said.

Russian President Putin speaking at SPIEF

(Saint Petersburg TASS = Yonhap News) Russian President Vladimir Putin attended the International Economic Forum in Saint Petersburg on the 16th (local time). “Ukraine is using so-called strategic reserves to break through the defenses and secure territory,” he said, “but they failed to achieve their goals on either side.” 2023.6.16 [email protected]

In order to create a corporate business environment, it was explained that the grace period for fines for violations of the Currency Act was extended until 2024, while the procedure for opening a bank account for foreign companies was greatly simplified.

“There is also notable progress in the use of domestic currencies in foreign trade,” Putin said. there is,” he said. The EAEU is a former Soviet economic cooperation body launched by Russia in 2015, and includes Russia, Belarus, Kazakhstan, Kyrgyzstan, and Armenia.

“The multipolar world order is being strengthened, and this is an inevitable process,” Putin said.

Regarding the recent decision to cut production by the Organization of the Petroleum Exporting Countries (OPEC) and OPEC Plus (OPEC+), a consultative body of major oil producing countries such as Russia, “there is no political nature” and “the sanctions are having a negative impact on the global market and price indicators, and OPEC+ is negatively We make decisions to minimize consequences.”

He countered that Russia would become dependent on China for energy and economic exchanges. “Those who make such claims are dependent on China,” he said.

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