Putin says West won't succeed in cutting Russia off

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MOSCOW - President Vladimir Putin acknowledged on Thursday that Western sanctions against Russia were disrupting its supply chains, but said they would not succeed in cutting it off from technology.

Speaking by video link to leaders of ex-Soviet states, Mr Putin said Russia would keep working to find substitutes for foreign imports no longer available to it, even though this was not a"panacea for all ills".

Scores of companies have left the country for good and unprecedented Western sanctions have targeted its economy and businesses. "Not without losses at a certain stage, but it helps us in a way become stronger. In any case, we are definitely acquiring new competencies, we are starting to concentrate our economic, financial and administrative resources on breakthrough areas."He acknowledged Russia's need for access to foreign technology, adding:"We are not going to cut ourselves off from this - they want to squeeze us out a bit, but in the modern world this is simply unrealistic, impossible.

 

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straits_times GDP will drop double digits. Then...... 2023 will be ugly.

Rest of world have already suceeded in cutting russia off.

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