Vladimir Putin additionally stated Moscow would proceed to satisfy its contractual obligations.
Russian President Vladimir Putin stated on Thursday that Western sanctions have been illegimate and Russia would calmly resolve the issues arising from them.
Addressing a authorities assembly, Putin additionally stated Moscow – a serious power producer which provides a 3rd of Europe’s gasoline – would proceed to satisfy its contractual obligations.
Speaking calmly, the Kremlin chief acknowledged that sanctions imposed for the reason that begin of what Russia calls its particular navy operation in Ukraine have been being felt.
“It is clear that at such moments people’s demand for certain groups of goods always increases, but we have no doubt that we will solve all these problems while working in a calm fashion,” he stated.
“Gradually, people will orient themselves, they will understand that there are simply no events that we cannot close off and solve.”
Speaking on the similar assembly, Finance Minister Anton Siluanov stated Russia had taken measures to restrict the outflow of capital and that the nation would service its exterior money owed in roubles.
“Over the last two weeks Western countries have in essence waged an economic and financial war against Russia,” he stated.
He stated the West had defaulted on its obligations to Russia by freezing its gold and international forex reserves. It was making an attempt to halt international commerce, he stated.
“In these conditions the priority is for us to stabilise the situation in the financial system,” Siluanov stated.
