Maxim Reshetnikov said that Russia has maintained an open economy despite sanctions
Quick Look
The head of the Ministry of Economic Development of the Russian Federation, Maxim Reshetnikov, said at a meeting of G20 trade ministers in Milwaukee that Russia has maintained an open economy, rebuilt foreign economic relations and found new partners, despite international sanctions, which makes the country stronger.
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Why It Matters
Russia has been under international sanctions for several years, which has affected its foreign economic relations.
The head of the Ministry of Economic Development of the Russian Federation, Maxim Reshetnikov, said that Russia has maintained an open economy, despite international sanctions.
Russia has restructured its foreign economic relations and found new partners, thanks to which it is becoming stronger.
Reshetnikov heads the Russian delegation at the meeting of G20 trade ministers in Milwaukee, where a wide range of current issues are being discussed.
MILWAUKEE (USA), October 1 – RIA Novosti. Russia, despite international sanctions, has maintained an open economy, rebuilt foreign economic relations, found new partners and is becoming stronger, said the head of the Russian Ministry of Economic Development, Maxim Reshetnikov, on the sidelines of a meeting of G20 trade ministers in Milwaukee.
“It’s not for nothing that all these five years, being under such pressure, under sanctions, and so on, Russia has maintained the open nature of the economy, restructured foreign economic relations, found new partners. And due to this, we are getting through the situation, becoming stronger, having resources for development,” Reshetnikov said, answering questions from journalists.
Open Questions
- What new partners has Russia found?
- What measures have been taken to restructure foreign economic relations?
- How effective are these changes in the long term?





