Friday, September 19, 2014

Medvedev: Russia’s economic growth may resume in 2016-2017 – TVNZ

Medvedev: Russia's economic growth may resume in 2016-2017 – TVNZ

Russia is now undergoing a period of complex tests and under the pressure of external factors, it is necessary to find a way out of the crisis, to look for ways to develop their economies.

in an interview with Itar-Tass said Russian Prime Minister Dmitry Medvedev, receiving participation in the investment forum in Sochi.

“To be honest, our economy is growing bad. But the world economy is growing not very much and it exactly reflected in our economy. & lt; … & gt; therefore This year will certainly be difficult – half a percentage point of growth. The next year, we believe growth will be limited interest – interest to small. This is approximately the rate of those who have in the European economy. We are not better, but worse. But already for the period 2016-2017 years, we still hope to reach a stable trend, about 2-2,5-3%. would be desirable to have more, but we understand that this is a very difficult task achievable, “- said the head of government.

Speaking of import substitution, the Prime Minister noted that create sterile conditions under the appropriate slogans – is wrong.

“Because that’s how the world works when there is no competition, begins declining quality. That was also the Soviet Union, concerns Russia, and in general any other country. Market closes – the competition falls, “- said Medvedev.” Why in the world are fighting against protectionism? Exactly, including, for these reasons. But we just have not undertaken more, we do not need. And all of these constraints, which had been introduced, made us go on, perhaps, not very good steps in response. But if it happens, we should take advantage of this and try to raise those sectors of our economy, where we are able to provide high quality. This is achievable. But, I repeat, it is advisable not to close markets.

In the food market, according to him, the situation is somewhat simpler.

“Because the market does not fully closed. If European goods leave products come Asian, Latin American. They will always compete with our terms of price and quality “.

Compliance with the rules of the WTO, Russian Prime Minister considers necessary thing,” because the world trade, global finance must obey some general rules. ” Meanwhile, “the WTO as a set of rules, a set of procedures should not become a political tool. A whole series of decisions taken in respect of our country, can be viewed as politicized decision”.

“So we are going to address – Now these documents are prepared – the so-called jurisdictional authority to the WTO to challenge the actions of many of our partners, including those actions that put pressure on our economy, aimed at the destruction of a number of our companies, or so-called sectoral restrictions. I believe that in this regard it is necessary to conduct a full-fledged “debriefing”, “- said the Prime Minister. “I know that, and we are prepared to the requirements.’s Right our partners. But here it is, in my view, a civilized way. But what decisions will be made, so this would indicate that, as far as non-engaged is addressing in the World Trade Organization “.

In response to a question on gas supplies, Medvedev said that their obligations will be fulfilled by our country and in the West and in Asia.

” We will fulfill all obligations – both European and Asian. There is no doubt should not be. And the European direction, it is very important for us and for the new Asian destinations, as today, said Chairman of the Board of “Gazprom”, where the prospects are very high, “- he said.

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