During a recent address to the State Council focused on strengthening industry under sanctions, Russian President Vladimir Putin highlighted a long-standing pattern of Western restrictions. He noted that sanctions have persisted for an extended period, affecting the trajectory of the national economy and industrial policy. The message underscored the need to acknowledge this reality openly as governments and industries plan ahead, ensuring resilience in challenging global conditions.
Putin emphasized that the current situation calls for continued, sustained response. He explained that medium- and long-term transformations are essential to pursue the country’s strategic goals of sovereign development. These efforts include prioritizing the substitution of imported technologies and products to reduce dependence on external suppliers and to safeguard national security, supply chains, and industrial capacity.
The president pointed to a series of concrete steps aimed at strengthening domestic capacity and diversification. He described measures to replace Western goods with counterparts produced domestically or sourced from allied nations, arguing that such substitutions are critical for maintaining economic stability and momentum in key sectors of the economy.
Followers of the administration’s agenda were reminded that despite external pressures, the authorities have managed to preserve a stable macroeconomic situation. The focus remains on creating conditions that support domestic innovation, local production, and the accelerated development of advanced industries, with a view toward reducing vulnerability to sanctions over time.
In the lead-up to the meeting, discussions centered on how best to organize the ongoing work of the Presidency and the Council of State to advance the domestic industrial base under sanction pressure. The aim is to ensure that strategic priorities for domestic development are implemented through coordinated policy, targeted investments, and partnerships that bolster national competitiveness in a shifting international landscape.