Russia will let its countries into mining assets that other foreign investors are leaving From IFX
© Reuters. Putin: Russia will launch its countries in the extraction of assets from which other foreign investors leave
Russia intends to launch a company of export countries engaged in the extraction of minerals on the territory of the Russian Federation, Russian President Vladimir Putin said on Thursday, answering questions at the Valdai discussion club.
We will allow our partner friends to mine our resources, why not? Because we do it with Europeans, Americans. But is it good for them or not? I think it’s actually bad. They leave with losses, moreover.
The President also stressed that he does not see insurmountable resources for redirecting potential consumers to Asian markets.
“The Power of Siberia” is not associated with the events in Ukraine. It was built because we realized that the need for our energy in China depends, and we have a property of these needs. We are conducting a special and with India on various ways of delivering energy resources to the Indian market, with other countries. We will continue to liquefy gas. Our participation in the global LNG markets is very modest, but it is constantly growing, and we will continue to do so. We will develop this direction. Not even in connection with today’s restrictions, but in connection with the development of the world economy,” Putin said.