Reuters, Moscow :
President Vladimir Putin said on Thursday Western sanctions against Russia violated the principles of the World Trade Organization and the main way to combat them was to develop the domestic market.
At a meeting with senior officials, Putin said Russia had no intention of punishing the West for the sanctions, imposed over Moscow’s role in Ukraine, and said instead they had challenged Russia to strengthen its economy, boost competition and spur lending.
“In taking responsive measures, we first of all think about our own interests regarding the task of development and protecting our producers and markets from unfair competition,” Putin said.
President Vladimir Putin said on Thursday Western sanctions against Russia violated the principles of the World Trade Organization and the main way to combat them was to develop the domestic market.
At a meeting with senior officials, Putin said Russia had no intention of punishing the West for the sanctions, imposed over Moscow’s role in Ukraine, and said instead they had challenged Russia to strengthen its economy, boost competition and spur lending.
“In taking responsive measures, we first of all think about our own interests regarding the task of development and protecting our producers and markets from unfair competition,” Putin said.
