The new round of sweeping Western sanctions on Russia after it launched an all-out military operation against Ukraine may hit the country's critical supply chains, head of one of Russia's biggest business groups has told President Vladimir Putin.
The US and its allies have decided to block assets of four large Russian banks, impose export controls and sanction oligarchs close to Putin after he ordered a "special military operation" against Ukraine on Thursday.
Putin, who met the country's top business executives here on Thursday was told that supply chains may be바카라 웹사이트broken as바카라 웹사이트a바카라 웹사이트result of바카라 웹사이트new sanctions that will cover many sectors of바카라 웹사이트the Russian economy, the official TASS news agency reported.
"We바카라 웹사이트are perfectly aware that new sanctions will be바카라 웹사이트much tougher than all previous restrictions and will cover many sectors, such as바카라 웹사이트the financial sector, extractive industries, technological equipment supplies," President of the Russian Union of Industrialists and Entrepreneurs (RSPP) Alexander Shokhin told Putin.바카라 웹사이트
"They will also cover certain types of바카라 웹사이트commodities and components, and supply chains, transport and logistics chains may be바카라 웹사이트broken,” he바카라 웹사이트said.
This will make business refocus on바카라 웹사이트other partners, Shokhin noted.바카라 웹사이트
"To바카라 웹사이트dampen all those restrictions the Russian business, Russian companies will obviously have to바카라 웹사이트work even more efficiently,” he바카라 웹사이트said, adding that “it바카라 웹사이트will be바카라 웹사이트necessary to바카라 웹사이트implement the import substitution strategy actively, as바카라 웹사이트well as바카라 웹사이트search for new partners in바카라 웹사이트countries that are ready to바카라 웹사이트continue cooperation,” Shokhin said.
During the meeting, President Putin said that Russia was prepared for what is happening in terms of sanctions imposed by Western countries.
“Of course, we all - and you too - understand what world we are living in and we prepared, this way or the other, for what is happening now in terms of restrictions and sanctions policy,” he said.
Reacting to the threat of punitive sanctions by Western countries, the press service of the Russian government has said the country has sufficient financial resources for providing the stability of the financial system amid sanctions.
The government of바카라 웹사이트Russia has formed clear plans on바카라 웹사이트measures to바카라 웹사이트protect financial markets and separate companies from possible sanctions and other threats, it said on Thursday.
"As바카라 웹사이트part of바카라 웹사이트this work simulation modelling (stress tests) of바카라 웹사이트the consequences of바카라 웹사이트imposed sanctions have been conducted, after which clear plans of바카라 웹사이트actions were shaped. The financial markets and largest companies are fully prepared to바카라 웹사이트implement them,” the statement said.
The government of바카라 웹사이트the Russian Federation will help ensure the stable operation of바카라 웹사이트sanctioned companies, maintaining jobs and wages, the press service added.
The Finance Ministry together with the Bank of바카라 웹사이트Russia “will continue closely monitoring the situation on바카라 웹사이트financial markets and will take additional measures to바카라 웹사이트support financial stability, if바카라 웹사이트necessary,” the statement said.바카라 웹사이트
