Putin says protecting Russia's domestic market is not protectionism
In short
Russian President Vladimir Putin said protecting the domestic market was not protectionism. Speaking at the Delovaya Rossiya forum on October 15, he accused the most vocal opponents of protectionism of practising it themselves.
Read the full story 1 min read
Russian President Vladimir Putin said on October 15 that protecting the domestic market did not amount to protectionism. TASS, RIA Novosti and Vedomosti reported the statement. [ 1 , 2 , 3 ]
Putin also said those who spoke most often about preventing protectionism were the ones who practised it most, according to RIA Novosti and Vedomosti. Vedomosti reported that he made the comments at the Delovaya Rossiya forum. [ 2 , 3 ]
Vedomosti also reported Putin's remarks that Russian businesses were demonstrating civic responsibility during a difficult period. He said entrepreneurs had become an active part of Russian civil society and that the state would continue supporting business activity while working with entrepreneurs on pressing issues. [ 3 ]
Why it matters
Putin's comments addressed domestic market protection in remarks to business representatives. He also said the state would continue supporting business activity, according to Vedomosti.