Russia has not lost anything because of Ukraine, it is strengthening its sovereignty, Putin said

Russia has not lost anything because of Ukraine, it is strengthening its sovereignty, Putin said
Russia has not lost anything because of Ukraine, it is strengthening its sovereignty, Putin said

According to Putin, Russia faces the economic, financial and technological aggression of the West, which causes the country certain difficulties in some regions and areas of industry. Companies dependent on supplies from Europe are in particular need, Putin admitted.

However, a confidential document of the Russian government, from which Bloomberg quoted this week, warns of the deep and lingering effects of Western sanctions on the Russian economy.

The material points out that the pressure on the Russian economy caused by sanctions will increase, and Europe’s shift away from Russian energy raw materials could also disrupt Russia’s ability to supply the domestic market.

The most pessimistic scenario in this material assumes that the Russian economy will bottom out in 2024, when it will be 11.9 percent weaker than last year, and will recover until the end of the decade. The document warns that within a year or two, Russia faces a drop in output in a number of export-oriented industries, including oil, gas, metals, chemicals and wood products.

Russia has not lost anything through its activity in Ukraine, it is only strengthening its own sovereignty, Putin said in Vladivostok. He said he believes that his country will eventually become stronger and develop faster.

According to Putin, Russia is “helping the people” living in Donbas during the current invasion. Putin also said in Vladivostok that Russia did not start the fighting in Ukraine, but on the contrary is trying to end the fighting that has been going on there since 2014. At that time, Moscow annexed the Ukrainian Crimea and provided support to pro-Russian separatists in the regions of eastern Ukraine.

The fighting on the border of the two separatist regions has not fully subsided despite the agreements from Minsk, Belarus, and according to the UN, almost 4,000 civilians have died in the region from 2014 to 2021. In the last six months of the war, Putin justified Russian activities by, for example, the need to “denazify Ukraine.”

The article is in Czech

Tags: Russia lost Ukraine strengthening sovereignty Putin

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