Go to ...

The Newspapers

Gathering and spreading news from various Russian Newspapers

The Newspapers on Google+The Newspapers on LinkedInRSS Feed

Tuesday, March 28, 2017

Putin confirmed the words of the speaker about the end of the crisis in Russia


Russian President Vladimir Putin said that the country has overcome the crisis. His bottom was covered in the last year. About that same hour said earlier the Minister of economic development of Russia Alexei Ulyukayev.


photo: Natalia Gubernatorova

The end of the crisis the head of state said during the meeting with heads of delegations at the summit Russia-ASEAN (Association of Southeast Asian Nations) in Sochi.

The President cited data showing that Russia’s trade with members of the Association in the past year amounted to $ 13 billion. Meanwhile, Putin stressed that this amount could be much higher. According to him, the trade turnover of ASEAN with China totaled $ 80 billion, about the same between Russia and China, reports TASS.

Earlier during his speech in Sochi the Minister of economic development of Russia Alexei Ulyukayev also said that the Russian economy has emerged from recession in the third quarter of 2015, although the first quarter of the current expected negative dynamics of the GDP.

He emphasized that Russia’s economy has adapted to the conditions of Western sanctions and inflation has dropped to pre-crisis levels.

In turn, Bloomberg recently reported that Russia was quietly pursuing the most ambitious economic restructuring. The experts noted that against the background of falling oil market in the country, in particular, began to actively develop agriculture and chemical industry.

Sanctions . Chronicle of events

Related posts:
"Russians spent for food embargo on 400 billion roubles more"
The government again promises not to "nightmarize" business
Defeat Lithuania from Gazprom heralds and the loss of Ukraine
Kadyrov was outraged by the Finance Ministry's proposal to cut the budget of the Chechen Republic to...

Recommended

More Stories From Economy