{"id":11931,"date":"2025-05-27T06:22:44","date_gmt":"2025-05-27T03:22:44","guid":{"rendered":"https:\/\/mongolianews.mn\/?p=11931"},"modified":"2025-05-27T06:22:44","modified_gmt":"2025-05-27T03:22:44","slug":"sanctions-no-rolling-out-carpets-for-mcdonalds-the-fight-against-bad-it-habits-key-points-from-putins-meeting-on-economy","status":"publish","type":"post","link":"https:\/\/mongolianews.mn\/?p=11931","title":{"rendered":"Sanctions, no \u2018rolling out carpets\u2019 for McDonald\u2019s, the fight against \u2018bad IT habits\u2019: Key points from Putin\u2019s meeting on economy"},"content":{"rendered":"

The Russian president has said that foreign sanctions have made the country stronger<\/strong><\/p>\n

Russian President Vladimir Putin met with business leaders in the Kremlin on Monday, discussing the state of the economy and the effects of Western sanctions.<\/p>\n

Marking Russian Entrepreneurship Day, the president thanked business leaders and their employees for driving the recovery from foreign restrictions and effectively filling the space left by corporations that chose to cut ties with Moscow over the Ukraine conflict.<\/p>\n

Fourth largest economy in the world\u00a0<\/strong><\/p>\n

Putin emphasized that the Russian economy now ranks fourth globally by purchasing power parity (PPP). He credited the accomplishment to the business community and workers across the country.<\/p>\n

According to the International Monetary Fund, Russia overtook Japan as the fourth-largest economy based on PPP in 2024, ranking behind only China, the US, and India.<\/p>\n

Stable GDP growth\u00a0<\/strong><\/p>\n

GDP grew by 4.1% in 2023 and 4.3% in 2024 \u2014 a \u201csolid result,\u201d<\/em> considering the \u201cdifficult conditions,\u201d<\/em> Putin said.<\/p>\n

\n Read more<\/strong><\/span><\/p>\n

\n \"RT\"
The idea of \u2018Eurasia\u2019 is much more viable than \u2018Europe\u2019 \u2013 here\u2019s why<\/a><\/figcaption><\/figure>\n<\/blockquote>\n

\u201cThe growth was neither confined to individual sectors nor limited to specific regions. On the contrary, it spanned a wide spectrum: industry, agriculture, digital technologies, services, finance, and more,\u201d<\/em> he noted. The government projects a 2.5% growth rate in 2025.<\/p>\n

No \u2018rolling out carpets\u2019 for McDonald\u2019s\u00a0<\/strong><\/p>\n

Putin said the government would devise a program for foreign companies wishing to return to the Russian market, \u201cbut only insofar as it aligns with the protection of our own business interests.\u201d<\/em> Moscow, he added, will \u201cnot be rolling out a carpet\u201d<\/em> for McDonald\u2019s and other corporations.<\/p>\n

\u201cLet\u2019s consider the terms. If their return is beneficial to you, then by all means, they can come back. If something isn\u2019t currently in your interest, let\u2019s work together to make it so,\u201d<\/em> Putin told Russian business leaders.<\/p>\n

Fighting \u2018bad IT habits\u2019\u00a0<\/strong><\/p>\n

The president welcomed calls to \u201crestrict\u201d<\/em> access to services from companies like Microsoft and Zoom, which officially exited the Russian market after 2022. \u201cWe need to strangle them. I completely agree. I say this openly because they are trying to strangle us. We need to reciprocate,\u201d<\/em> he said.<\/p>\n

\n Read more<\/strong><\/span><\/p>\n

\n \"A
Putin signs new \u2018made in Russia\u2019 taxi law<\/a><\/figcaption><\/figure>\n<\/blockquote>\n

He stressed that Russia never forced any IT company to leave in the first place. However, he urged Russians to abandon the \u201cbad habits\u201d<\/em> of relying on foreign services.<\/p>\n

Sanctions making economy stronger\u00a0<\/strong><\/p>\n

Putin argued that Western sanctions have inadvertently helped the country ramp up domestic production and become more self-sufficient. \u201cRussia has always demonstrated remarkable resilience in the face of hardship. This is one of those moments when overcoming difficulties only makes us stronger,\u201d<\/em> he said.<\/p>\n

Fines for breaching \u2018local production\u2019 laws\u00a0<\/strong><\/p>\n

The president also backed the idea of fining state-owned companies for violating recently adopted procurement laws that prioritize domestically produced goods over foreign ones. \u201cThere must be both oversight and sanctions \u2026 to deter violations of the norms,\u201d<\/em> he said.<\/p>\n","protected":false},"excerpt":{"rendered":"

The Russian president has said that foreign sanctions have made the country stronger Russian President Vladimir Putin met with business leaders in the Kremlin on Monday, discussing the state of…<\/p>\n","protected":false},"author":1,"featured_media":11932,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":[],"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[3],"tags":[],"class_list":["post-11931","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-politics"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t