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What awaits the Russian economy

Russia is still in a state of crisis. Almost all know what caused economic decline.

Что всё-таки ждёт российскую экономику

But hardly anyone looks at the situation from a positive point of view. Most likely, the economic pressure on Russia will continue. Foreign Minister of Latvia Edgars Rinkevics announced the meeting of the EU, which is expected to consider the extension of sanctions against Moscow. It will be held in June.

By the way, these words were pronounced on the background of the speech of Member of European Parliament Markus Pretzel, which stated that Germany loses 1% of GDP because of the disruption of economic relations with Russia that is simply unacceptable for the state in the current difficult situation.

But the West is likely to take a decision to continue economic pressure on Moscow only because of the offense that failed to post the Russian economy, as it promised to do the American President. Yes, at some point it was not sweet, but the peak of the crisis long ago overcome. Now is the time to show his power.

Russia has become one of the most attractive for investments countries, and the Chairman of the panel on emerging markets at the global investment firm Franklin Templeton Investments mark Mobius predicts “the deal of the century” with Russian companies. And his words are not without meaning, for example, the Russian stock index, MSCI Russia Index since the beginning of the 2016th year recovered about 20% of the cost, showing a record growth trend, while being “under pressure”. However, the Western companies do not may be actively growing buy Russian stocks because of economic constraints. Meaningless sanctions but when the war is over, that the Russian market will be the most popular for investors.

This all will happen only in the future, even in the near. But this does not mean that the situation is deplorable. Russia is still the most important economic partner on the world stage. So, to the three way partnership RIC (Russia-India-China) may soon be connected to Iran. How will look a new acronym, not yet reported, but the interest of the Iranian government is very significant. Apparently, there do not know about Russia’s isolation.

With a rather enviable position of Russia in the international economic arena, within the country the situation is not the worst way. So, today at the parliamentary forum “the Modern Russian village”, a member of the General Council of the EP, Chairman of the state Duma Committee on agrarian issues Nikolai Pankov said that we should support small businesses in rural areas, to stimulate self-employed to continue to work there. In the current climate of import substitution became a very good develop small agricultural businesses. The quality of products increased significantly. But there is no limit to perfection, so you must create a live competition, so the company sought to create a monopoly, and to improve product quality and reduce her price.

And this is all just a small part of what is happening with the Russian economy. But even this is enough to say that Russia’s economic development is on the right track. Europe will not always operate at a loss, indulging US with their idea of sanctions pressure on Russia. Small agricultural businesses are actively using this situation to ensure that in the future, when the economic war will cease, to be developed by the enterprise. Then Russia will export those products, which had itself imported. Here is the economic future of Russia…

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