Putin: undoubtedly, Russia will cope with the sanctions

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According to Vladimir Putin, sanctions have produced a certain positive effect - the country was forced to introduce the programs to develop its economy, industry, production and scientific sphere.

Undoubtedly, Russia will cope with the sanctions, our partners’ voluntary exit from the market gives us a chance to develop, Russian President Vladimir Putin said in an interview with US journalist Charlie Rose.

"That's a given, there is no doubt about it, it is absolutely out of the question," Putin said responding to a question about whether Russia is able to cope with the sanctions.

He noted that the sanctions had produced a certain positive effect. "Earlier, we preferred to buy many things - especially in high-tech sectors - using petrodollars. Today, as the sanctions were imposed, we either already can’t purchase, or are afraid of restrictions; thus, we were forced to introduce the programs to develop our own high-tech economy, industry, production and scientific sphere," the Head of State said.

According to Putin, Russia planned to do that, but it was difficult because the domestic markets were filled with foreign products and it was very hard to support domestic producers within the WTO.

"And now that the sanctions are imposed and our partners are voluntarily out of our markets, it gives us a chance to develop," the Russian leader said.

Putin gave an interview before participating in the 70th session of the UN General Assembly.

Text and pictures by RIA Novosti