Source Pravda.Ru

Putin comments on Russian economy

Russia should not be ashamed of the fact that its economy is based on raw materials and energy production, Russian President Vladimir Putin declared at a meeting of the Council of Rectors of Russia. People often say that Russia still remains a country with raw material and energy exports, at the same time it would be strange not to use our resources, the President added, First Channel television reported.

Some countries, although their industries are highly developed, are traditionally considered as agricultural; France, for example. Such countries are proud of this fact, and Russia should not be ashamed, he specified. The head of state noted that Russia had occupied serious positions on the markets of energy resources. However he admitted that even the most efficient production of natural resources would not bring leading positions in world economy to Russia. He pointed out that it was necessary to develop such important industries as transportation, energy and communications.

Comments
Third Rome and geopolitics of Orthodox schism
Brexit: The UK's misunderstanding of Democracy
Why Trump tries to re-industrialize America
Why Trump tries to re-industrialize America
MP suggests replacing Lenin's mummy with rubber figure
Russian Navy admiral says Russia will torpedo US warships, if need be
The horror story called Brazil: Murder and destruction
Russia close to recognising Donetsk and Luhansk republics after Donbass elections
Five years after Maidan revolution, Ukraine remains one of Europe's most corrupt states
Why Trump tries to re-industrialize America
USA plays to pretend a mighty dragon that can no longer breathe fire
US interferes in election of Interpol president, Kremlin believes
US interferes in election of Interpol president, Kremlin believes
Five years after Maidan revolution, Ukraine remains one of Europe's most corrupt states
Brexit: The UK's misunderstanding of Democracy
Kuril Islands dispute between Russia and Japan: The impossible is impossible
Argentina hides the truth about the death of San Juan submarine
Japan ratifies agreement to supply weapons and ammo to warring states
Russia to ban capture of killer whales and belugas in 2019
Russia to raise sunken floating dock
Why Trump tries to re-industrialize America