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Russia adapted to life under sanctions, prime minister says

Mishustin assured that Moscow will continue to "do all that is necessary to stabilize the dynamics of the economy and restore investment activity"

Prime Minister of the Russian Federation Mikhail Mishustin Dmitry Astakhov/POOL/TASS

Prime Minister of the Russian Federation Mikhail Mishustin

Â© Dmitry Astakhov/POOL/TASS

HANOI, January 15. /TASS/. Russia has managed to adapt to foreign sanctions, increased its import substitution and own production, Russian Prime Minister Mikhail Mishustin said during a meeting with Russian and Vietnamese business circles.

"Russia is under increasing sanctions pressure. However, we managed to adapt to these conditions. Domestic production and import substitution in various branches are developing," the Russian prime minister said.

"Our industry has been demonstrating good results. After 11 months last year, its growth surpassed 4% with 8% in the processing segment," he added.

Mishustin assured that Moscow will continue to "do all that is necessary to stabilize the dynamics of the economy and restore investment activity.".

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Vietnam Mikhail Mishustin

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