Putin: Russia has protected the extraction of raw materials from unfriendly actions

According to Russian President Vladimir Putin, the fact that only companies in Russian jurisdiction can now develop Russia’s resources is a manifestation of the protection of the mining sector from “unfriendly actions.” He stressed that the extracted raw materials will be used to increase the welfare of the population.

“We rely on the prudent, economically smart development of Russia’s natural resources… We will primarily use the extracted raw materials for deep production within the country, to strengthen the sovereignty of our country, to increase the incomes of citizens and develop regions. We have already protected the extraction of raw materials from unfriendly actions. Now only companies in Russian jurisdiction have the right to develop our resources,” Vladimir Putin said during the Eastern Economic Forum (it is broadcast by the TV channel “Russia 24”).

Earlier, the Russian president said that in gas settlements with China, the ruble and yuan would used in equal proportion. The decision to convert Russian-Chinese energy calculations into national currencies became known yesterday, September 6th.

On energy cooperation with China – in the material “Kommersant FM” “Gas will be charged in rubles and yuan”.

Andrey Sapozhnikov