Overchuk called sanctions a powerful impetus for the development of the Russian economy

Sanctions from Western countries have become a powerful impetus for the development of the Russian economy. This statement was made by Deputy Prime Minister of the Russian Federation Alexey Overchuk during the Verona Eurasian Economic Forum, Vedomosti correspondent reports.

“By and large, we are no longer interested in whether there is one less sanction or one more sanction. Although, of course, such initiatives as the ban on knitting needles and needles in the Russian Federation cannot but attract our attention. Under sanctions, our economy not only learned to survive, not just learned to live, it learned to develop,” he said.

Overchuk also called “the biggest mystery of the 21st century” the question of why Europe abandoned “its main competitive advantage – reliable access to Russian energy resources.”

November 1, Russian President Vladimir Putin during a meeting on economic issues warnedthat the West may resort to sabotage against Russia and its projects against the backdrop of the exhaustion of the “potential for sanctions aggression.”

November 2 US Treasury expanded its sanctions list, adding to it “SPB Exchange”, “AFK-Sistema”, “Arctic LNG – 2”, as well as banks “Russian standard“, “Post Bank”, “Absolut Bank”, etc. 37 individuals, including citizens of other countries, were subject to restrictions.

Since the start of the special operation, the EU has already introduced 11 packages of sanctions against Russia in addition to the existing restrictions. Putin has repeatedly called the current economic situation in the country stable and balanced. According to him, the Russian economy by the end of 2023 will be close to 3% growth. In July, the head of state said that the growth rate of the Russian economy this year has accelerated from month to month and in 2023 growth will completely cover last year’s decline.