President Vladimir Putin is touting Russia’s prospects on the nation’s major worldwide financial discussion board regardless of heavy worldwide sanctions imposed due to the battle in Ukraine
TALLINN, Estonia — President Vladimir Putin on Friday touted Russia’s prospects on the nation’s major worldwide financial discussion board regardless of heavy worldwide sanctions imposed due to the battle in Ukraine.
Western officers and traders steered away from this yr’s St. Petersburg Worldwide Financial Discussion board that for many years has been Russia’s premier occasion for attracting overseas capital and is usually likened to the Davos World Financial Discussion board.
The Kremlin earlier additionally banned journalists from nations that Russia regards as “unfriendly” from protecting the proceedings that started Wednesday and proceed via Saturday. Moscow has imposed that designation on scores of nations together with the USA, Canada, European Union members and Australia in reference to sanctions imposed over the combating in Ukraine.
Nonetheless, Putin stated on the discussion board’s plenary session, “We haven’t turned onto the self-isolation path. Fairly the other — we now have widened contacts with dependable and accountable companions within the nations and areas that function the engine, the drivers of the world’s economic system right this moment. I’d wish to reiterate: These are the markets of the longer term; everybody clearly understands it.”
Officers didn’t present an inventory of overseas companies attending, however this system for the greater than 100 panel discussions confirmed a marked majority of audio system hailing from Russia.
Whereas one of many panel periods listed in this system touted Russia as a “world tech hub,” descriptions of others tacitly admitted Moscow’s rising financial isolation since its troops moved into Ukraine final February.
Putin additionally vehemently defended Russia’s sending troops into Ukraine and repeated his claims that the Ukrainian authorities is a neo-Nazi regime, regardless of President Volodymyr Zelenskyy’s Jewish roots.
“My Jewish associates say that Zelenskyy is just not a Jew, however a disgrace to the Jewish individuals,” Putin stated.