Arab Today, arab today pm russia does not want closed economy
Last Updated : GMT 08:25:48
Arab Today, arab today
Arab Today, arab today

PM: Russia does not want 'closed economy'

Arab Today, arab today

Arab Today, arab today PM: Russia does not want 'closed economy'

Russia in a bid to cripple the country's economy
Moscow - AFP

Prime Minister Dmitry Medvedev said Friday Russia did not want to close itself off from the global economy, and warned Western efforts to isolate or ignore such a powerful nation were "impossible".
"I consider that talk of making fundamental changes to the country's development model is inappropriate -- inappropriate and not needed. About creating a so-called mobilised, or closed, economy," Medvedev said at an investment conference in the Black Sea resort of Sochi.
"Our country does not need such economy. No country needs such an economy."
"Our priorities remain unchanged. We will not change our course," said Medvedev, who served a four-year stint as president before ceding the Kremlin back to his mentor Vladimir Putin in 2012.
In defiant rhetoric, Medvedev said Brussels and Washington must take nuclear-power Russia's interests into account, adding that some Western countries "have stopped recognising the fact that Russia has national interests".
"We have the largest territory, we are a nuclear power, nearly 150 million people live in Russia, we are a territory with huge natural resources, a large market for goods, services and investment," said the 49-year-old prime minister.
Russia is locked in a dramatic confrontation with the West over Ukraine, where Kremlin-backed separatists have been battling pro-Western Kiev forces since April.
Brussels and Washington have imposed several rounds of tough sanctions on Russia in a bid to cripple the country's economy and make Moscow change its course.
But Putin has defied the sanctions and says they could even help the country to become more self-sufficient.
Many observers have expressed fears that instead of changing tack, Moscow will isolate itself further, and that its policies will become more unpredictable.
"What do our opponents want?" Medvedev said at the Sochi forum.
"To build a new world order which is based on uncompromising confrontation, or maybe simply close their eyes tight and pretend that Russia no longer exists? To isolate half the European continent from the rest of the world? This is impossible."
"No one can predict what effect the sanctions against Russia will have long-term on the global economy," he added.
The Internet-savvy, i-Pad-wielding prime minister said that decades of the Soviet Union's confrontation with the West proved that sanctions did not work, reeling off a number of punitive measures the West slapped against the USSR.
"And what, has the development of our country stopped?"
Russia has banned most food imports from the West in response to its sanctions over Ukraine, which cut off the access of major banks and companies from capital markets and imposed travel bans and asset freezes on key allies of Putin.
Medvedev insisted that Russia was "capable of producing a lot on its own territory" and that the government would confirm plans aimed at boosting domestic industry and agriculture by the end of the month.
During his stint as president, Medvedev repeatedly tried to break out of Putin's shadow and briefly raised hopes of democratic reforms but most of those attempts were indecisive and half-hearted.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today pm russia does not want closed economy Arab Today, arab today pm russia does not want closed economy

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today pm russia does not want closed economy Arab Today, arab today pm russia does not want closed economy

 



Arab Today, arab today
Arab Today, arab today Designer Aql Faqih aspires to innovation

GMT 18:41 2017 Friday ,20 October

Designer Aql Faqih aspires to innovation
Arab Today, arab today What's the reason and what you can do

GMT 05:44 2017 Sunday ,22 October

What's the reason and what you can do
Arab Today, arab today Etiquette expert underlines importance of gifts

GMT 17:52 2017 Sunday ,03 September

Etiquette expert underlines importance of gifts
Arab Today, arab today Prayers turn to nightmare

GMT 06:14 2017 Sunday ,22 October

Prayers turn to nightmare
Arab Today, arab today Hiring not part of Alibaba pledge

GMT 11:26 2017 Wednesday ,18 October

Hiring not part of Alibaba pledge
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today World's deepest lake in peril

GMT 15:54 2017 Friday ,20 October

World's deepest lake in peril
Arab Today, arab today Ex-French minister Dati wants tough action

GMT 10:54 2017 Thursday ,19 October

Ex-French minister Dati wants tough action
Arab Today, arab today Delhi braces for pollution 'airpocalypse'

GMT 16:07 2017 Friday ,20 October

Delhi braces for pollution 'airpocalypse'
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today EU raids automaker BMW

GMT 11:06 2017 Saturday ,21 October

EU raids automaker BMW
Arab Today, arab today Sweden to get biggest car factory

GMT 14:10 2017 Friday ,20 October

Sweden to get biggest car factory
Arab Today, arab today Actress Mona Zaki praises husband’s role

GMT 08:15 2017 Thursday ,19 October

Actress Mona Zaki praises husband’s role
Arab Today, arab today Massacre fears spark race

GMT 19:09 2017 Thursday ,19 October

Massacre fears spark race

GMT 08:57 2017 Wednesday ,18 October

Actress Shery Adel happy for Egypt’s qualification

GMT 18:15 2017 Monday ,16 October

British actress becomes fifth woman

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam

GMT 16:00 2017 Wednesday ,18 October

Climate-disrupting volcanoes helped topple

GMT 10:46 2017 Saturday ,05 August

Nanis reveals simple ideas for home renovation

GMT 10:18 2017 Saturday ,21 October

How to do open-heart surgery

GMT 13:44 2017 Friday ,20 October

Barcelona through George Orwell’s eyes

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 20:46 2017 Thursday ,19 October

Qualcomm files lawsuits in China to ban iPhones

GMT 16:53 2017 Saturday ,02 September

Mai importance of gifts during Eid Al-Adha
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday