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Vladimir Putin addressed a congress of the Russian Union of Industrialists and Entrepreneurs. Key points:

🔸Russian entrepreneurs have adapted to sanctions, inventing and implementing alternative arrangements for cooperating with international partners. The sanctions became an extra catalyst ushering in positive structural change in the Russian economy.

🔸Far from being temporary or targeted, sanctions and restrictions are a reality of a new development stage that the entire global economy has now entered. They are a tool designed to exert systemic and strategic pressure on Russia: our competitors will always seek to contain our country and undermine its economic and technological capabilities.

🔸There is no point in hoping for the restoration of full freedom of trade and cash flows, as there is none in counting on Western tools for protecting the rights of investors and entrepreneurs. It is crucial for Russian businesses to be flexible, seek new markets and secure footholds there, develop homegrown technological solutions, and establish cooperation with reliable partners.

🔸Russia is strengthening its sovereignty in all the areas needed to ensure business operations, including by developing transportation, logistics, and financial and payment infrastructure. Only the countries capable of ensuring true, full fledged sovereignty for themselves will be able to provide a rapid and steady growth for the benefit of their people.

🔸Russia is pivoting towards promising global markets, and this is a lasting long-term trend that will be reinforced in part by the BRICS development platform currently in development. This platform will include resource, technological, personnel, financial, trade, and investment components.

🔸The interests of Russian companies and industries, and their employees come first, and it is with this in mind that Russia will consider the potential return of foreign companies, who left the country under political pressure from their respective national elites, to the Russian market.

See more on the Kremlin’s official website.
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Vladimir Putin addressed a congress of the Russian Union of Industrialists and Entrepreneurs. Key points:

🔸Russian entrepreneurs have adapted to sanctions, inventing and implementing alternative arrangements for cooperating with international partners. The sanctions became an extra catalyst ushering in positive structural change in the Russian economy.

🔸Far from being temporary or targeted, sanctions and restrictions are a reality of a new development stage that the entire global economy has now entered. They are a tool designed to exert systemic and strategic pressure on Russia: our competitors will always seek to contain our country and undermine its economic and technological capabilities.

🔸There is no point in hoping for the restoration of full freedom of trade and cash flows, as there is none in counting on Western tools for protecting the rights of investors and entrepreneurs. It is crucial for Russian businesses to be flexible, seek new markets and secure footholds there, develop homegrown technological solutions, and establish cooperation with reliable partners.

🔸Russia is strengthening its sovereignty in all the areas needed to ensure business operations, including by developing transportation, logistics, and financial and payment infrastructure. Only the countries capable of ensuring true, full fledged sovereignty for themselves will be able to provide a rapid and steady growth for the benefit of their people.

🔸Russia is pivoting towards promising global markets, and this is a lasting long-term trend that will be reinforced in part by the BRICS development platform currently in development. This platform will include resource, technological, personnel, financial, trade, and investment components.

🔸The interests of Russian companies and industries, and their employees come first, and it is with this in mind that Russia will consider the potential return of foreign companies, who left the country under political pressure from their respective national elites, to the Russian market.

See more on the Kremlin’s official website.

BY Генеральное консульство России в Калькутте







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The last couple days have exemplified that uncertainty. On Thursday, news emerged that talks in Turkey between the Russia and Ukraine yielded no positive result. But on Friday, Reuters reported that Russian President Vladimir Putin said there had been some “positive shifts” in talks between the two sides. Since its launch in 2013, Telegram has grown from a simple messaging app to a broadcast network. Its user base isn’t as vast as WhatsApp’s, and its broadcast platform is a fraction the size of Twitter, but it’s nonetheless showing its use. While Telegram has been embroiled in controversy for much of its life, it has become a vital source of communication during the invasion of Ukraine. But, if all of this is new to you, let us explain, dear friends, what on Earth a Telegram is meant to be, and why you should, or should not, need to care. Perpetrators of these scams will create a public group on Telegram to promote these investment packages that are usually accompanied by fake testimonies and sometimes advertised as being Shariah-compliant. Interested investors will be asked to directly message the representatives to begin investing in the various investment packages offered. A Russian Telegram channel with over 700,000 followers is spreading disinformation about Russia's invasion of Ukraine under the guise of providing "objective information" and fact-checking fake news. Its influence extends beyond the platform, with major Russian publications, government officials, and journalists citing the page's posts. The Dow Jones Industrial Average fell 230 points, or 0.7%. Meanwhile, the S&P 500 and the Nasdaq Composite dropped 1.3% and 2.2%, respectively. All three indexes began the day with gains before selling off.
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