“Russia, China and other major world nations represent the future. America on its present course has none. It makes more enemies than friends. It’s thirdworldized.” – S Lendman
On October 2, Vladimir Putin participated in the VI Russia Calling! Investment Forum. It focuses on attracting foreign capital.
It discusses ways to increase investments in Russia’s economy overall. Efforts so far proved successful. Opportunities in a resource rich country like Russia are huge.
According to Putin, “many serious investors and our country’s partners of long standing continue increasing their investment in various sectors of the Russian economy.”
At the same time, “(e)xternal limitations have an adverse effect not only on Russia’s economy, but also on that of the whole world,” he said.
“They only add to our determination to meet our targets in the priority areas of our country’s development, which include economic growth, upgrading the industry and infrastructure, the creation of new jobs and improvement of the quality of life of Russia’s citizens.”
Conditions are more complicated than earlier, Putin explained. Russia’s actions are based on responsible, balanced macroeconomic and budget policy, he added.
“The events of this year have convinced us yet again that the choice we made many years ago is the right one,” he stressed.
Putin remains upbeat. He’s confident about Russia’s economic prospects. He’s looking more East than West.
At the same time, He’s eager for normalized Western relations. He called sanctions on Russia “foolish.”
They’ve had little effect on Russia’s economy. According to Russian expert Richard Connolly, “FDI (foreign direct investment) figures from the Central Bank didn’t show any particular downturn.” Continue reading