Russia no longer a ‘gas station’ for the rest of the world – Putin
The country’s economy is becoming self-sufficient in every aspect, according to the Russian president
It is crucial for Russia to become sovereign and independent in every sense of the word, including economically, President Vladimir Putin stated on Friday.
Speaking to members of the Civic Chamber, a social body tasked with consulting the government on policymaking, the president noted that Russia has become increasingly self-sufficient.
“That’s when we now turn into a country where processing production already accounts for 43% of the economic growth structure, when we cease [to be] as they once told us… ‘a gas station’, and not an economy,” Putin said.
The president emphasized that the Russian economy should be “self-sufficient in key components that would allow the country not only to survive, but also thrive.”
He added that this would ensure fewer people are willing to exclude Russia from international organizations.
For more stories on economy & finance, visit RT’s business section
More Stories
Yael Eckstein – Salary, Benefits and Opportunities for Advancement Earn IFCJ Top Workplace Honors in 2026
Yael Eckstein leads one of the world’s largest religious charitable organizations from Israel, where war, poverty and displacement have transformed...
Shein loses High Court copyright case against Temu
Shein has lost its High Court claim against rival Temu over the alleged copyright infringement of photographs of its clothing,...
A Complete Safety Framework for P2P Crypto Marketplaces
Peer-to-peer marketplaces let users buy and sell cryptocurrency directly under advertisement terms, while the platform supplies order records, escrow, communication...
Crypto Yield Due Diligence: 20 Questions to Ask Before Depositing
A new crypto savings product can present a simple choice between flexible and fixed returns. The investor’s real decision is...
From Wallets to Workflow: Designing a Digital-Asset Treasury Platform
Companies often begin using digital assets through a collection of separate tools: one provider for customer payments, another for conversion,...
Zero hours reforms could cost business up to £2.9bn a year
Government analysis has put the cost to business of its planned reforms to zero hours contracts at up to £2.9...
